What Is Debt Review?
Debt review is a regulated process created by the National Credit Act (NCA) to help South Africans who are over‑indebted. With help from an NCR‑registered debt counsellor, your repayments are consolidated into one affordable monthly instalment and you receive immediate legal protection from creditor harassment and repossessions.
How It Works
- Free assessment of your budget and debts
- Legal protection begins when creditors are notified
- We negotiate reduced interest and fees with creditors
- One affordable monthly payment via a Payment Distribution Agency (PDA)
- On completion you receive a clearance certificate (Form 19)
Benefits
- Immediate protection from creditor calls and legal action
- One reduced, fixed monthly instalment
- Lower interest and fees negotiated with creditors
- Asset protection for your car and home when you maintain the plan