National Debt Helpline - Specialists in Debt Review and Debt Review Removals
Expert guidance to navigate Debt Review and Debt Review Removal
About Our Founder
"I have always had a personal relationship with debt, from a very young age"
This profession called me long before I even knew what debt was. Its undeniable presence was constantly felt while I was growing up—like an unwanted visitor that refused to leave.
It is for this reason that I am not motivated by business numbers, but rather by the number of lives we can change.
If we can make a difference in one person’s life, if we can improve the circumstances of one family, if one child can further their studies instead of having to get a job immediately after matric—if these are the kinds of changes we can make, then I am very happy.
Our Services
What we do
01
Debt Review
Debt Review is not always necessary, especially if one's circumstances are very temporary. However, there are times when it is necesary and a helpful legal mechanism that ensures that people do not lose their homes, cars and have negative listings on their names.
02
Debt Review Removal
There are times where you no longer need to be under debt review. You may be financially stable, looking to buy a new home or vehicle - but not able to access credit due to the debt review flag. Our professional assistances is intentionally designed to make the debt review removal process feel like a breeze. .
Are you wondering if you need Help?
Our business philosophy is simple. We do not take on tasks that we cannot complete. If we take on a task, you can rest assured it will be completed.
“I was about to lose my home and car when I reached out to National Debt Helpline. I spoke with Katlego, who took the time to understand my situation. He proposed a solution, and I decided to follow his advice. This was less than three years ago. All of my debts have now been paid, except for my home loan, and I have been issued with a Clearance Certificate.Now, I always tell my friends: there is help available if you are struggling with debt. I am so thankful.”
Thembi
Client, Centurion
F.A.Q.
Find answers to commonly asked questions about our services.
Can I remove debt review myself?
Yes, it is possible, but not in all circumstances. If you need to be removed from debt review by way of a Clearance Certificate, then you need a debt counsellor to issue one for you.
The National Credit Act makes provision for you to approach a court and make an application for the removal of your debt review flag. This often requires extensive legal knowledge regarding the provisions of debt review contained in the National Credit Act. However, it is possible to make an application to court yourself and for a court to issue an order for the removal of your debt review flag.
Is it a good idea to go under debt review?
This largely depends on your circumstances. There are times when being under debt review is the best possible option, and there are times when it might not be such a good idea. It is therefore important to find a debt counsellor who genuinely wants to help you, rather than simply signing up clients for debt review, even when they do not need to be under debt review.
For instance, if you experienced a financial setback and were unable to pay your debts in a particular month, you generally would not need to be placed under debt review. However, if you have continuously missed payments and are finding it increasingly challenging to keep up with your debt repayments, then debt review might be a good solution.
How much does it cost to be removed from debt review?
There is no single prescribed amount for the removal of debt review. This is largely because the removal process may involve legal fees, which can vary depending on the attorney, location, scope of work and the specific circumstances of the matter.
At National Debt Helpline, the cost generally starts at R5,000.00 for the removal of debt review. However, this may vary slightly depending on what needs to be done on your particular file.
What are the disadvanges of Debt Review?
If a person actually needs to be placed under debt review, then the process itself does not carry any “disadvantages” as such.
Under the National Credit Act, your credit report will be flagged to reflect that you are under debt review, and you will not be able to be credit active until you have been removed from debt review.
The idea behind this is to allow you to finish paying the debts that you currently have without incurring additional debt. If you could take out more debt while we try to manage your existing debt, you would most likely need to remain under debt review for a very long time.
How long does it take to be cleared from Debt Review?
At National Debt Helpline, we start working on your file to remove your debt review flag immediately after you complete the signing process.
We may need to make a court application for the removal of your debt review flag, which means the duration will depend on how busy the Magistrates’ Court in your area is.
From our experience, we manage to have most of our clients removed from debt review within 10 to 90 business days, depending on what needs to be done.
Can I buy a car while I am under debt review?
If you are buying the car cash, then yes. However, if you are looking to finance the purchase of a car, then no. The National Credit Act specifically prohibits a person that is under debt review to be credit active. This means that you should not be given any form of finance while under debt review, including Vehicle Finance, Home Loans, Personal Loans, Credit Cards or even a Retail or Clothing Account.
You will need to be removed from debt review before you can finance the purchase of a car.
My Debt Counsellor issued a Form 17.W or suspended services. Am I off debt review?
No. A Form 17.W—where a debt counsellor is suspending debt review services—does not remove the debt review flag from your records. A person would still, for all intents and purposes, be actively marked as being under debt review. Such a person would still be prohibited from accessing credit. Any finance or loan application made to the banks would be rejected.