The Benefits of Debt Review

Debt review was introduced by the National Credit Act (NCA) in 2007. Since then, debt review has saved thousands of South Africans from losing their assets, becoming blacklisted and allowing them to live without the heavy burden of debt taking away money from living expenses.

Single Reduced Monthly Payment

Consolidate your debt into a single, affordable monthly payment.

No Backlisting

Rehabilitate your credit profile. Once you complete the process and receive a clearance certificate, you can begin rebuilding your credit score.

Legal Protection

Avoid legal action from creditors and protect assets like your home and car from being repossessed.

Become Debt Free

say goodbye to overwhelming debt

About Us

At Debt Scan, we believe that every South African deserves a fresh start, free from the burdens of overwhelming debt. 

We are dedicated to providing practical financial solutions that alleviate stress and create a clear path to a healthier financial future.

We firmly stand by our commitment to ethical business practices, always aiming to do what is right for our clients, our community, and our industry.

Debt Scan is a registered Debt Counselor with the National Credit Regulator of South Africa, reg no. NCRDC3765.

HOW DOES IT WORK

How it Works

Debt Review in 4 easy steps

Apply

Schedule a free, 15min credit assessment with an NCR registered Debt
Counselor

Assessment by Debt Counselor:

Debt Counselor reviews your financial situation and credit exposure to determine if you’re over-indebted.

Restructure Debt Payments

Receive a debt payment plan tailored to your needs. We negotiate with your creditors to agree to new terms: lower payments, lower interest.

Legal Protection from Creditors

Your legally protected while adhering to the new payment plan

Enjoy reduced payments, reduced interest and legal protection under debt revie

FREQUENTLY ASKED QUESTIONS

Frequently Asked Questions

The process is intended to assist consumers struggling with debt; through budget advice, negotiation with Credit Providers for reduced payments and the restructuring of debts.

Will i be able to use my accounts while i am under debt review?
You will be flagged under Debt Review and therefore you wont be able to use your current accounts that you have nor open any new accounts
What are my account details used for ?
Your account details are required for payment collection, allowing our Payment Distribution Agency (PDA) to deduct the necessary amount and distribute it to your creditors. Please note, as Debt Counselors, we do not collect payments directly from clients.
If I go under debt review , what will happen to my credit score ?
Your score may drop initially due to the flag and because creditors have marked accounts as being under debt counselling or not paid as agreed. However, no further defaults or judgments will usually occur while you're making payments, which prevents further damage. If you stick to the repayment plan, pay on time, and complete the program, your credit profile will be cleared after receiving a clearance certificate (Form 19).
How much am i paying you to do this for me?
Your 1ST and 2ND payment is taken as your RESTRUCTURING FEES as well as LEGAL FEES. Thereafter , all payments are distributed to your credit providers as per agreements in place with them
What is my term period?
Unsecured Debt - The term duration is calculated based on your current outstanding debt for the particular account. ( all unsecured debt needs to be settled within 60 months) Secured Debt ( Vehicles & Bonds ) Vehicles- term duration is calculated based on the offer acceptable to the particular credit provider. a reduction in the installmemt will automatically extend the term duration slightly depending on the reduction in the installment. Home loans - Concessions / relief is granted on bonds for a duration of 60 month , thereafter the agreement reverts back to the contractual agreement held with the credit provider.
How do you reduce my interest rate?
We negotiate with your creditors for a lower interest rate based on your financial position and credit exposure. This is unique to each client.

What our clients say

  • Aleena F

    Debt Scan has been very helpful and efficient with all services rendered

    Aleena F

  • Ashlin Adams

    Debt Scan provided me with exceptional services while consolidating my debt. They have made my life so much better and I can't thank them enough

    Ashlin Adams

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Our Partners

Our address

145 Sir Lowry Rd,
Woodstock
Cape Town
8001

Contact info:

Phone: +27 79 591 3308

E-mail: customerservice@debtscan.co.za

Opening hours:

Monday - Friday
9:00 AM - 17:00 PM