Debt Counselling / Debt Review

No More Debt will reduce 99% of your interest rates and 100% of your monthly payments. We can make your debt payments totally affordable. Pay between 30% and 60% of your current instalment.  Can you now understand that you can afford your debt?  Debt Counselling is all about Risk management.  Are you going to get into trouble with your creditors, please apply to get them off your back!  No action of any kind can be taken against you.



If you have answer YES to 1 or more of these questions, leave a message for us to call you. We’ll help you find a debt solution!
  • Are you struggling to afford your monthly debt repayments?
  • Have you cancelled any of your life policies, insurance and/or medical aid?
  • Are you going to fall behind with your payments soon?
  • You have no money left after your creditors have been paid?
  • Do you have judgements and/or garnishees against you?
  • Are you in arrears on your home loan?
  • Are you in arrears with you vehicle repayments
  • Has your vehicle been repossessed?
  • Has your house been repossessed?
  • Is your business facing liquidation?

Apply Now for Debt Review

  • Is your Debt Higher than R50 000?
  • Are you permanently employed and is your salary at least R10 000 per month?

Complete the form on the right or call us to start the process of financial freedom.

More About Debt Review

What is Debt Counselling?

If you are in debt and are having difficulty making regular monthly payments, Debt Counselling / Debt Review will assist you with getting your budget under control and implementing a new repayment plan with your creditors.

When you enter into Debt Counselling / Debt Review, we can mediate with credit providers to reduce your debt repayments. Debt Counselling / Debt Review can only be offered by a qualified Debt Counsellor who is registered with the National Credit Regulator.

How does it work?

how does no more debt work

During the first step you will be asked to submit your documentation such as ID, payslips/bank statements, etc and to complete an application form for Debt Counselling / Debt Review. We will draw your credit report and register you on the NCR (National Credit Regulator System) as well as on our Debt Help System.

During the next step your debt counsellor will inform all credit providers that you have applied for debt review and request all account balances from them. This information will be captured on our system.

The debt counsellor will now prepare a proposal based on your financial situation together with the information sent by the credit providers. You will approve this proposal along with the credit providers who will either send an acceptance letter or a counter proposal.

When the final agreement is reached with all credit providers, your court application is prepared and the attorneys obtain a court date.The attorney will then appear in court to have your application granted by the Magistrate of the Court.

The entire process takes 60 business days, from the date that you apply for debt review until the court application is brought to the relevant Magistrate’s Court.

Once your debt has been paid back, your debt counsellor will request a paid up letter from the creditors. Once all of these letters have been received we will issue you with a Clearance Certificate which is then sent to all creditors and the NCR in order for your name to be cleared on the credit bureaus.

How will Debt Counselling Help You?

You receive protection under the National Credit Act

From the moment you apply for Debt Counselling / Debt Review with us your creditors cannot touch you as long as you pay regular monthly instalments. No threatening calls from credit providers. No more judgements against you. No more garnishees. Absolutely no legal action will be taken against you if your monthly payments are up to date. This is the best way to clear your debt and to become debt free.

Pay one monthly instalment

We negotiate a repayment plan with the creditors which means you’ll be paying a much smaller amount every month.  Here are the rules:

  • Pay 70% of normal vehicle installement
  • Pay 80% of normal Bond installment
  • On unsecured debt, pay between 30% and 40% of normal instalment.  We can reschedule the payment over 5 years and the interest rate will be substantially lower.

On average your new instalment will be between 40% and 60% of what you are currently paying!!

Be able to afford your monthly commitments

Because the National Credit Act acknowledges that your household is under stress and that this stress must be relieved, our job is to help you to start breathing again, to live life again. We’ll help reduce your monthly debt burden in order for you to afford your personal monthly commitments.

We do the negotiating on your behalf

We take over completely here, your creditors are not even allowed to call you. They have to talk to us.

We notify the creditors of your situation. We request a Certificate of Balance and then we start negotiating with the creditors on your behalf. Ultimately we ensure that you enter into a manageable repayment plan, lower monthly payments, lower monthly interest.  This is why a consolidation loan can never be as beneficial as Debt Counselling

To read the National Credit Act download here