✅ What Is Debt Review? A Complete Guide for South African Consumers

Debt review was introduced in 2007 through the National Credit Act (NCA) to help South Africans who are struggling to meet their monthly debt payments. If you’re feeling overwhelmed by debt, this process can offer structured relief — with legal protection and a clear path to regaining financial control.

In this guide, we’ll explain:

• What debt review is and how it works,
• The benefits and limitations of entering debt review,
• The step-by-step process,
• How it affects your credit profile, and
• How to start the process with a trusted debt counsellor.

🔎 What Is Debt Review?

Debt review is a legal process designed to assist over-indebted consumers by restructuring their debt repayments into a single, affordable monthly payment. It is managed by a registered debt counsellor who works with your creditors to negotiate better terms.

When Should You Consider Debt Review?

• You’re falling behind on monthly payments.
• You’re using credit to pay off other credit.
• Creditors are threatening legal action.
• You’re struggling to cover basic living expenses due to debt.