Follow our easy debt review journey

Step 1

Submit your details to Debt Union for a FREE debt assessment.

Step 2

Apply for debt review to protect your assets from repossession.

Step 3

Lower your monthly debt repayments by up to 50% with Debt Union.

Frequently asked questions about debt review

Debt review is an easy way for debtors to get out of their credit card debts and save money. All a debtor has to do is make one lower monthly payment that goes towards all the cards, rather than making payments each month on just one or two cards like they were before. This will help them pay off all their debts much faster as it was designed by National Credit Act (NCA) in South Africa as legal debt relief process where your counselor can propose a reorganised repayment plan with your creditors so you have more funds at hand then what would be allocated if only paying reduced monthly installments after having consolidated from different sources.

Debt Review is a process that helps you work with your creditors, instead of against them. By working together to find the best plan for all parties involved through negotiation and arrangement options; both creditor and debtor are protected from legal action or asset repossession while debt payments can be made on time every month.

Simply put: Debt review makes managing finances easier by making late payments an impossibility because there's no need to pay off instalments -- just settle ongoing interest rates!

It is possible to continue your debt review if you are not able to pay due to unforeseen circumstances, such as being in hospital. If we can prove that something prevented you from paying, like being in the hospital for instance, then a notification will be sent and it's likely that they'll allowed to continue your debt review as long as this type of behavior doesn't happen often or isn't abused. Debt Review does not provide payment holidays so don’t use them unless absolutely necessary!

There are several ways to become debt-free, and 36–60 months is the average time people take.

Some of these methods include: consolidating your debts into a personal loan or home equity line of credit; refinancing high-interest loans with lower ones; cutting down on lifestyle costs by scaling back spending habits and taking public transportation instead of driving an expensive car for example.

When you enter under debt review, your assets are protected. This is because the NCA (national credit act) protects them from repossession by creditors and other people who might try to take what may not be theirs lawfully.

Learn more about debt review

Debt review is one of the best ways to take back control of your finances and become debt-free.

Are you shortpaying or skipping monthly payments? Do you have to rely on loans, credit cards, store accounts just so that you can get by every month? Are debt collectors harassing and scaring you into thinking they’ll go after what little possessions are left in order for them not be able to collect anymore from those who refuse their offers? You’re certainly not alone – there’s millions out here with the same problems. The only thing we need right now though is a solution because this kind of life has got no place being either fun nor enjoyable!

What is debt review?

It is an NCR-monitored debt solution whereby a registered debt counsellor ensures that:

  • You will be able to afford your monthly debt repayments as well as your everyday living expenses.
  • You’ll have lower monthly debts, and you won’t lose any of the assets listed on security forms just because someone missed one payment or two!

We’re not kidding when we say our plan takes care of every aspect; it’s like having somebody in charge who knows exactly what needs doing, with no excuses for getting off track.

What is the NCR and what do they do?

The National Credit Regulator (NCR) monitors the credit solutions that are available for a debtor. This is to ensure they will be able to acquire more debt and not have it monitored if their needs change in future. They also regulate how these services work, ensuring companies comply with the rules set out by the National Credit Act (NCA).

How does debt review work?

Debt collection is a tedious process, and it can be difficult to know what steps you need to take in order to get out of debt. But don’t worry! With the help of our top-notch Debt Union team, we guarantee that your debts will disappear within 6 easy steps:

The debt review process

  1. Fill in the form on this website and send us your details.
  2. Complete a FREE debt assessment to see if you qualify.
  3. If you qualify, send us your application.
  4. Get a new budget and have your payment plan restructured.
  5. Begin to pay your new lower monthly instalments.
  6. Have your new payment plan approved by the magistrate’s court.

Pros and cons of debt review

Debt counselling is a great tool for anyone looking to get out of the hole, but it does have its pitfalls. It can be difficult and frustrating at times when you are trying not only to make ends meet financially in this economy on your own while paying off debt from credit cards or student loans, but also going through an intensive program that requires dedication.

The benefits far outweigh any drawbacks though! You’ll need patience with yourself as well as those around you who don’t understand why someone would put themselves under so much pressure just because they were irresponsible enough before now to take care of their finances properly.

Debt-free customers!