Debt Review was implemented by the National Credit Act (NCA) as a legal debt relief process. How it works is your Debt Counsellor proposes a reorganised debt repayment plan to your Credit Providers, allowing you to make just one lower payment towards all your debts each month. 

This will depend entirely on the types of debt you have outstanding as well as the income you have at your disposal. Some debts cannot be put under debt review and others are low enough to allow for repayment without debt review

No – Once registered under debt review your name will be flagged under debt review with creditors and credit bureaus. Once your debt has been paid in full your Debt Counsellor will issue a clearance certificate and remove the debt review flag so you will be able to enter into new credit agreements.

Part of our debt review process is to obtain a court order on your behalf in order to enforce your restructured debt arrangement plan on your credit providers. This process is however handled by referring your case to our nominated attorneys. 

We work out the best possible debt restructuring proposal for our clients. We attempt to reduce the interest rates on all your debt by as much as we can and our main aim is to reduce your monthly debt obligations based on what is affordable in your circumstances.

Only credit agreements as defined in the National Credit Act may be included in the debt review process. Accounts such as doctor and cell phone accounts are excluded. Also excluded are accounts in respect of which legal action has been initiated (prior to your application for debt review) or where judgement and/or garnishee order(s) have been instituted.

No – SA Debt Review can assist consumers from across South Africa and the process can be finalized telephonically or via email.