Debt Review Process Simplified
Everything you need to know about Debt Review in South Africa
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Financial Freedom Calculator
Calculate Your Potential Savings
See how much you could reduce your monthly payments through legal debt protection
Monthly payments for home loans, vehicle finance, etc.
Total outstanding balance for bonds, vehicle loans, etc.
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Now tell us about your unsecured debt, e.g. credit cards, personal loans, student loans, and bank overdrafts
Monthly payments for credit cards, personal loans, store accounts, etc.
Total outstanding balance for credit cards, personal loans, store accounts, etc.
This calculator provides estimates based on National Credit Act guidelines.
What is Debt Review?
Simply, Debt Review is a process of handing over your debt negotiations to a Debt Counsellor, a person who becomes your go-to person, who will compile your debts, look at your income, and with you, work out a payment plan.
Debt Review, also known as debt counselling, is a legal process established under the National Credit Act that helps over-indebted consumers manage their debt by negotiating with creditors and setting up affordable repayment plans.
Talk to a Debt Counsellor
Debt Review Benefits
Debt Review offers multiple advantages to consumers struggling with debt, providing protection and a structured path to financial recovery.
Reduced Payments
One reduced affordable monthly instalment with reduced instalments to all your creditors. Reduced interest rates and fees make debt more manageable.
Legal Protection
Protection from legal action by creditors, preventing asset repossession and harassment. Your home and assets remain safe while you repay your debt.
Structured Plan
A clear, structured repayment plan that consolidates your debt payments and provides a definite path to becoming completely debt-free.
How Debt Review Works
The 8-step Debt Review process designed to help you regain financial control and systematically work toward a debt-free future.
1. Assess Your Situation
Complete financial assessment to determine if Debt Review is right for you. We'll review your income, expenses, and debt obligations.
2. Gather Documentation
Provide necessary paperwork including ID, proof of income, expense details, and statements from creditors to complete your application.
3. Request Creditor Information
Your debt counsellor will request confirmations from all your creditors to ensure all debts are included in your review process.
4. Create Payment Plan
Development of a realistic repayment plan that fits your budget and ensures all essential expenses are covered.
Ready to Take Control of Your Financial Future?
Contact our team today for a free, no-obligation debt assessment.