What Is Debt Review?

A Legal Solution to Help You Regain Financial Freedom

Debt review is a legal debt relief process introduced by the National Credit Act (Act 34 of 2005) to help South Africans who are struggling to repay their debts. An NCR Registered Debt Counsellor reviews your financial situation and negotiates affordable monthly repayments with your creditors, allowing you to pay one reduced monthly amount while protecting your assets.

✅ Get a Free Assessment

How Does Debt Review Work?

Step 1

Free Financial Assessment
We review your income, expenses and debts to determine whether you qualify for debt review.

Step 2

Application
Once you decide to proceed, we notify your credit providers and credit bureaus that you have applied for debt review.

Step 3

Debt Restructuring
We negotiate with your creditors to reduce your monthly instalments to an affordable amount.

Step 4

Court or Consent Order
The new repayment plan is made legally binding through a court order or consent order.

Step 5

One Affordable Monthly Payment
You make one monthly payment through an approved Payment Distribution Agency (PDA), who distributes the funds to your creditors.

Step 6

Debt Free
Once all qualifying debts are paid, you receive your Clearance Certificate and your credit profile is updated.

Benefits of Debt Review

✔ Stop legal action from creditors (once accepted and while complying with the process)

✔ Reduce your monthly debt repayments

✔ One affordable monthly payment

✔ Professional debt management

✔ Protection for your home and vehicle where applicable

✔ Peace of mind knowing your finances are under control

✔ A structured path to becoming debt free

Who Qualifies?

You may qualify for debt review if you:

  • Are permanently employed or earn a regular income

  • Are struggling to keep up with monthly debt repayments

  • Have fallen behind on payments or are close to doing so

  • Want to avoid legal action from creditors

  • Need professional assistance managing your debt

What Debts Can Be Included?

Debt review may include:

  • Personal Loans

  • Credit Cards

  • Vehicle Finance

  • Store Accounts

  • Home Loans

  • Overdrafts
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Why choose the finance expert?

  • NCR Registered Debt Counsellors
  • Friendly, Professional Service
  • Affordable Repayment Solutions
  • Nationwide Assistance
  • Transparent Communication

  • Free Initial Assessment
    • let's get in touch

    Financial stress doesn't have to define your future.

    Speak to one of our NCR Registered Debt Counsellors today and discover how affordable debt review can help you regain control of your finances.

    🟨 Get Your FREE Debt Assessment

    071 841 7277
    dc@thefinanceexperts.co.za
    Wynberg, Cape Town, 7800, Western Cape, South Africa