Service
Debt Review
Debt review is a formal process that helps over-indebted South Africans regain control. A registered debt counsellor assesses your finances, negotiates with credit providers, and places you under the protections of the National Credit Act.
What is Debt Review?
Debt review is a formal consumer protection process under the National Credit Act. A registered debt counsellor assesses whether you are over-indebted and, if so, helps restructure your credit agreements into an affordable repayment plan.
Who qualifies?
- You struggle to meet all credit repayments after reasonable living expenses
- You have multiple credit agreements creating unsustainable pressure
- You want a legal alternative to informal debt consolidation
- You are ready to stop taking on new credit while rehabilitating
How it works
Step 1
Complete a confidential financial assessment
Step 2
Confirm over-indebtedness and apply for debt review
Step 3
Credit providers are notified and legal protections begin to apply
Step 4
A restructuring proposal is prepared and negotiated
Step 5
You make one affordable payment while working toward clearance
Benefits
- Legal protection from certain creditor action
- One affordable monthly repayment
- Interest and fee negotiation
- Structured path to becoming debt free
Debt Review FAQ
Common questions before you apply.
Ready to apply?
Start with a free debt assessment. We will confirm eligibility and explain next steps clearly.