Will Debt Review Affect Your Job? Here's the Real Deal
5 October 2025 · Cornel Strydom

Will Debt Review Affect Your Job? Here's the Real Deal
So, you’re thinking about debt review but there’s that nagging question at the back of your mind: “Is this going to get me fired?” You’re not alone—lots of South Africans worry about this.
Let’s unpack what debt review really is, who (if anyone) needs to worry, and how it all shakes out in real life. Spoiler alert: for most people, it won’t mess with your job at all.
What is Debt Review Anyway?
Debt review is a legal process that helps people struggling with their debt by reorganizing it into a more manageable repayment plan. You work with a debt counsellor who negotiates with your creditors, and the goal is to help you avoid being blacklisted or going under financially.
Does Debt Review Affect Your Job?
Let’s bust the biggest myth first: No, debt review won’t affect your job.
Unless…
- You work as a financial advisor
- And your company has a very clear policy that says employees can’t be under debt review
That’s it. For pretty much everyone else, your employer has nothing to do with your involvement in debt review. As the debt counsellor in the Debt Review Centre puts it:
Will Debt Review affect my life in terms of employment? The answer is no, it won't, except if you're a financial advisor at a financial institution which specifically has a policy against employees applying for Debt Review whilst they are in the company's employment, it would not affect your life. Debt Review is dealt with between ourselves as Debt Review Centre and the client and does not involve our client's employer.
Who Gets Involved When You Apply for Debt Review?
If you’re wondering who’ll know about it—good news. Your employer isn’t part of the debt review process.
The process mainly involves:
- You – the person needing help with debt
- Your debt counsellor – like those at the Debt Review Centre
- Your creditors – the people you owe money to
It’s all handled privately and professionally. Your manager or HR doesn’t need to know anything unless it directly affects your work conduct (which it doesn’t, in almost all cases).
Special Cases: If You Work in Finance
Now, if you’re a certified financial advisor or in a very senior money-related role, things are a bit different. Some companies—especially banks and financial institutions—have stricter rules.
They may say their team members can’t be under debt review while working there. Reason being, it’s a bit of a conflict if you’re giving people financial advice while your own finances are under scrutiny.
Here’s what you should do:
- Check your employment contract for clauses about financial health or credit status
- Chat to HR anonymously if you’re unsure
- Consult with a debt review expert before making a final decision
Debt Review is Private – and That’s a Good Thing
We get it—talking about debt isn’t easy. But the debt review system in SA is designed to be done confidentially and professionally.
That means your job, day-to-day routines, and work life don’t need to be affected. You carry on as per usual, while your debts are getting sorted in the background.
Starting the Debt Review Process Without Risking Your Job
If you’re considering taking the plunge, here’s a quick checklist:
- Only your creditors and your counsellor will be involved
- Your income will be protected so you can still meet your daily needs
- Your employer won’t be notified (unless law or your contract specifically states otherwise)
- Your track record at work will speak for itself—debt review doesn’t go on your CV!
Financial Tips While Under Debt Review
- Create a monthly budget and stick to it
- Avoid taking on new credit while under review
- Keep up communication with your debt counsellor
- Build an emergency fund, even if it's small
In Short: Don’t Let Fear Stop You
If you’re overwhelmed by debt, debt review could be the lifeline you need. It doesn’t mean the end of your career. In most cases, your boss will never even know you’re under debt review—and they don’t need to.
Take an informed approach: check your company's policy, reach out to a reputable adviser, and stop worrying unnecessarily. Need help? Get in touch with a registered debt review counsellor.
Looking for more info on how debt review works? Check out our post on How Debt Review Works in South Africa.
Your Financial Future is Still Bright
Debt review isn't a black mark—it's a step toward taking control. And no, it won't get you fired. The key is to understand your rights, know your company's policies if you're in a niche role, and walk the journey with the right support team.
Got questions? Drop them below or chat with one of our consultants. We’re here to make the process less scary and way more manageable.