Debt Review
Debt Review was introduced by the National Credit Act to help consumers with too much debt and those not keeping up with their living costs. The process combines all your debt obligations into one and immediately improves your cash flow position.
Are you struggling with:

Debt, anxiety & financial stress?

Payments and accounts that are in arrears?

Creditor harassment calls & threats.
The Benefits of trusting CreditSmart’s NCR-Registered Process:
- Immediately improves your cash flow.
- Pay only one single and affordable monthly instalment.
- Significant reduction of debt repayments and interest rates, saving you thousands.
- Personal and dedicated Debt Advisors to guide and assist you throughout the process.
- Debt Review prevents credit providers from harassing you for money all the time.
- We make provision in your budget for the important things in your life.
- Pay only what you can afford.
- We talk to your creditors on your behalf while you relax.
- Protection against legal action by your creditors.
- Protection for your assets while you repay your debt.
Our Debt Review Journey Map for your Success!
Frequently Asked Questions
How Does CreditSmart's Debt Review Process Work?
Can Creditors Take Legal Action or Repossess My Property While Under Debt Review?
As long as you adhere to your Debt Review repayment plan, creditors cannot take legal action or repossess your assets. If you experience harassment or threats from creditors, follow these steps:
- Document all instances of harassment.
- Direct creditors to contact CreditSmart.
- Report the issue to your CreditSmart Debt Counsellor, who will handle the situation for you.
For vehicle repossession, do not sign a voluntary surrender document or hand over your vehicle under duress. Repossession is only legal with a Warrant of Delivery issued by the Sheriff. Contact your appointed Debt Counsellor immediately if you encounter any issues.
What Should I Do If I Lose My Income While Under Debt Review?
Who Oversees the Credit Industry in South Africa?
What is a Form 16?
What Our Clients Say
I would like to thank Miss Lerato Motau for the explanation and excellent customer service in helping me with my financial issues. She has guided me, suggested what my plan was and what I can afford, sent me the Debt Review application forms to fill in, and guided me, explaining everything that your company does and what you offer.
Nomaswazi
Hi… You guys are a great team of professional (Debt Review) advisors. The consultant I spoke with was very helpful and great service is very rare, I would like to say thank you so much for the advice and hope you guys keep on doing this to everyone .. YOU’re Awesome!
Nosiphiwo
Lerato Motau, from CreditSmart, is an exceptionally professional individual. She not only understands debt, but she also understands people. She is quick to respond to enquiries and goes the extra mile when required. Debt Review – a difficult process for customers made a little easier when staff of this calibre are helping us. Excellent!
Storm
I was assisted by David Chanza. A very helpful and patient gentleman who took his time to get me an accurate quotation and to explain what the (Debt Review) process would entail.
Pearl
You had me bursting out in tears when my clearance email came through… THANKS BE TO GOD. Dealing with CreditSmart has been a true blessing and walking this Debt Review journey with CreditSmart has been the best decision I have ever made. Thank you for treating me with so much respect and dignity.