How Much Will I Pay Under Debt Review Each Month

Something to keep in mind about Debt Review is that it’s not a one-size-fits-all solution. What you’ll pay each month depends entirely on your situation—things like your income, your essential living expenses, and how much debt you have. Since the purpose of debt review is to provide tailored solutions to debt, the process looks different to everyone.

Use the FREE CALCULATOR on our website to see how much you will pay under debt review each month. This monthly fee is based on what we determine you can realistically afford, after assessing your affordability. Debt relief is possible: claim your free proposal from Debtco Group today.

Debt Review: The Costs Involved

The point of Debt Review is to save you money each month, so you can manage your creditor repayments and afford your daily costs. Your first 6 months under debt review help you get setup, so the costs involved include debt counsellor fees, legal fees, and payment distribution agency (PDA) fees. These fees are covered in your new monthly repayment, so you don’t need to pay anything extra out of pocket—they are built into the plan from the start.

The amount you pay every month under debt review won’t exceed what you can afford. Wondering how to decide between debt management companies? Ideally, your debt counsellor should have experience, and must have completed a National Credit Regulator (NCR) approved course. You can check the NCR website to see if your debt counsellor is registered – an important step in the debt review process.

Asking yourself, “How much will I pay under debt review each month?” Well, there are laws in place that govern this. The National Credit Act states that a debt counsellor cannot charge you more than the prescribed amount. If you’re deciding between debt management companies, also consider their success rate – our Debtco Group team offers a result-driven service. We’re worked with thousands of South African consumers, who’ve successfully overcome their debt problems.

Pay Debts to Clear your Credit

The best way to repair your credit score and build creditworthiness is by honouring debt repayments. As soon as you realise you are in trouble financially, start considering a debt relief plan. The debt review process protects you, provides financial relief, and reduces your debt stress. Don’t wait for your debt to start ruining your credit profile before you take action.

Be aware of the top warning signs of overwhelming debt, and put your financial wellness first. We also offer a FREE Credit check to online visitors – simply check your credit score in your own time, to know where you stand.