Moneywyze

+27 87 153 5085

Debt Review

Debt Review

What is Debt Review?

It is the legal process to help people who are struggling to pay their debts.
Our Debt Counsellors contact you to review your budget, taking into consideration your cost-of-living expenses.
We renegotiate your debt payments, with your creditors, on your behalf, and reduce your monthly premiums.
We consolidate your debt repayments into one affordable, monthly premium.

What happens when you go on Debt Review?

Creditors will no longer be allowed to contact you directly and will need to speak to your Debt Counsellor
You will pay your lower monthly instalment to a Payment Distribution Agency who will allocate it to your creditors
You are listed as being on Debt Review with the credit bureaus
Once you are on Debt Review, you will not be able to take more loans
Do you qualify to go on Debt Review?
If you are employed and you do not have enough money to repay all your debts after paying for your essential monthly expenses, you qualify for Debt Review

Our Process

The Debt Review Process

Our approach is straightforward, designed to guide you out of debt seamlessly. Our goal is to relieve your financial burden immediately with reduced monthly payments and significantly lowered interest rates negotiated with your creditors.

Contact Us

WhatsApp, Email, Phone or...

Let Us Call You

New Budget

Together we plan a new budget, covering your expenses and determining a fair debt repayment plan

We negotiate with your Credit Providers

We discuss your new planned budget and renegotiate your loan terms

Settle all your debts

You pay your new lower premium and honour the newly agreed payments and repay your debts until all the debts are settled

Clearance Certificate

We issue a clearance certificate and notify the credit bureaus that you are no longer under debt review. You can apply for credit again.

Benefits of Debt Review

Reduced Monthly Payments

Pay a reduced monthly amount that you can afford. This means more manageable payments each month, giving you greater control over your finances.

Protection against legal action

Get protected againts lawsuits and focus on rebuilding your financial stability without legal threats.

Immediate Relief

Regain control of your finances and focus on planning your financial future without the stress of overwhelming payments.

All Household Expenses Covered

Ensure that essential costs like rent, utilities, and groceries are taken care of even during financial challenges without sacrificing basic necessities.

MoneyWyze is a registered Debt Review company - NCRDC4240

We focus on helping South Africans get out of debt

Creditors stop harassing you

Payments and fees are REDUCED

All your debts consolidated into one affordable monthly instalment.

The bank CAN’T repossess your assets!

Get a free, no obligation, debt review assessment.

Contact Us