NEW: Single Assessment Debt Review Form

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This Form is for a NEW Assessment for Debt Review. (One person= Single, Divorced, Married ANC) Any previous debt review instances will be picked up and a separate process is required for TRANSFERS or CLEARANCES. If you are Married COP, you cannot apply as a single person. Please go back and choose the correct setting now.
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SANDTON DEBT COUNSELLING - NCRDC3360

Phone or WhatsApp: 087 550 1122

By filling this form- you agree and consent to a credit report being drawn.

A basic assessment will be done, and a phone call will be made to discuss the findings and possible plan of action.

Benefits of Debt Review: Lower monthly instalments, Possible reduced interest rates, Extended term of repayment. (term between 60 months or longer, depending on your unique situation) Once you have financially recovered during the debt review, you may add more money to the plan to accelerate the end date.

The assessment is free, and you are under no obligation to sign up. Only once a signed application form has been received, would creditors be notified of your application.

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Personal details and Credit check* This field is required.A credit report will be drawn on this ID number- by submitting this form you give permission for us to start the basic assessment
Name and Surname
Please enter your email
Please enter your phone
Please enter your ID number for a credit report to be drawn
Please Select
Please Select
Yes
CREDIT CHECK PERMISSION
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Full Net Income* This field is required.NET salary with any other additional income Eg: rental income too
Your "take home" pay after deductions with any extra regular income
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Bank Account Name* This field is required.Eg: FNB as your SALARY account
The name of bank account your salary gets paid to (name all that apply)
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Is this an overdraft account- ADD Amount* This field is required.Indicate Yes or No and if YES- add the maximum limit of your overdraft
Any overdraft must be listed
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Are you planning on changing bank accounts?* This field is required.This helps us prepare
YESNO
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Number of Dependents* This field is required.Tell us how many people rely on you financially?
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Date Creditors Expect Payment or your Debit Date* This field is required.We need to know when the creditors plan on debiting you. What is the earliest date payment is due to them?
Date
Month
Day
Year
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Actual paydate - not a new chosen date* This field is required.Salary date
Date
Year
Month
Day
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Reason for Seeking Debt Counselling* This field is required.(Briefly, what prompted you to seek debt counselling- Tell us how many people rely on you financially? Tell us where you work and your job title EG: “self-employed and sole breadwinner")
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Terms and Conditions of Debt Review:

Debt review creates a consolidated payment which is collected via a third-party PDA (Payment Distribution Agency) and paid over to your creditors according to the plan we arrange on your behalf.

No money must ever be paid directly into a Debt Counsellor's bank account- as this is a failsafe to prevent possible fraud. Debt Review is a service we provide as laid out in the National Credit Act.

If you are eligible for Debt Review, and you confirm to proceed after our phone call- more details will be provided to you for further consideration.

The assessment is free, and you are under no obligation to sign up.

Only once a signed application form has been received, would creditors be notified of your application.

By submitting this form- you consent for a credit report to be drawn on your Identity number for the purpose of a Debt Review Assessment. You will be redirected to part two of the form: expenses. Fill this in so long as it helps us fine tune your assessment.

Once we have finished, we will send an email with our findings and you can request a phone call for further clarity.

We only place you under debt review after you confirm you want to proceed. Then we will send an sms link with the actual full application form. This is only an assessment.✨
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Consent and permission for credit check to be performed:
Yes, I give consent for a credit check for the purpose of debt review assessment.
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Quick Summary:

The assessment is free, and you are under no obligation to sign up. Only once a signed application form has been received, would creditors be notified of your application. By submitting this form- you consent for a credit report to be drawn on your Identity number for the purpose of a Debt Review Assessment.

- Debt counsellors can negotiate with creditors on behalf of consumers to restructure accounts to make payments more affordable

- New debt is not possible during the process and credit facilities will be suspended - Exiting the debt review process is not always easy or possible as it is a legal agreement

- All Eligible creditor accounts must be included in the debt review process, with some legal exclusions- the process continues with eligible debts

- Fees are charged and included in the plan, including a monthly aftercare fee

- Credit profile receives a debt review flag, preventing further debt acquisition

- Once all debts (excluding the bond) are settled, a clearance certificate is issued to remove the debt review flag and allow for new credit.

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