Informed Debt Solutions

Debt free, is Stress free

Documents:

To make the process as simple as possible for you we have included some documents for you to download to read through and or fill in on your own time. If you would prefer us to email you the documents please feel free to request the documents via our contact us page and we will gladly forward them to you.

Please fill in the debt evaluation form with your details in order to determine if you are over-indebted and forward it to us so that we can do a free, no obligation evaluation for you. Once we have done this we will beable to tell you exactly how debt counselling can improve your current situation. Please forward it together with the Consent to Credit check form below also filled in and signed. 

Debt Evaluation Form
Please complete and return to info@tdtgroup.co.za for a free, no obligation evaluation.
Debt Evaluation Form.pdf (191.85KB)
Debt Evaluation Form
Please complete and return to info@tdtgroup.co.za for a free, no obligation evaluation.
Debt Evaluation Form.pdf
(191.85KB)

 

Please fill in this Consent to Credit check form and forward it together with the signed and completed Evaluation form in order to determine if you are over-indebted and forward it to us so that we can do a free, no obligation evaluation for you. Once we have done this we will beable to tell you exactly how debt counselling can improve your current situation.

Consent to Credit Check
Please complete and return with the Evaluation Form
Consent to credit check.pdf (187.8KB)
Consent to Credit Check
Please complete and return with the Evaluation Form
Consent to credit check.pdf
(187.8KB)


This is an informative document for you to download and read through, it explains the debt counselling process as well as answers a few frequently asked questions.

Debt Counselling Process
A brief description of the debt counselling process and frequently asked questions
Debt counseling process .pdf (177.82KB)
Debt Counselling Process
A brief description of the debt counselling process and frequently asked questions
Debt counseling process .pdf
(177.82KB)

 


You can download your copy of the National Credit Act, 2005 (Act No. 34 of 2005)

National Credit Act
NATIONAL_CREDIT_ACT.pdf (63.85KB)
National Credit Act
NATIONAL_CREDIT_ACT.pdf
(63.85KB)




The goal of the act is:—To promote a fair and non-discriminatory marketplace for access to consumer credit and for that purpose to provide for the general regulation of consumer credit and improved standards of consumer information;  to promote black economic empowerment and ownership within the consumer credit industry;  to prohibit certain unfair credit and credit-marketing practices; to promote responsible credit granting and use and for that purpose to prohibit reckless credit granting;  to provide for debt re-organisation in cases of over-indebtedness; to regulate credit information; to provide for registration of credit bureaus, credit providers and debt counselling services; to establish national norms and standards relating to consumer credit; to promote a consistent enforcement framework relating to consumer credit; to establish the National Credit Regulator and the National Consumer Tribunal; to repeal the Usury Act, 1968, and the Credit Agreements Act, 1980; and to provide for related incidental matters.


An advertorial explaining the debt review process issued by The National Credit Regulator.

Debt Counselling Explained
Debt Counselling Explained Advert.pdf (226.4KB)
Debt Counselling Explained
Debt Counselling Explained Advert.pdf
(226.4KB)



Frequently asked questions: 


How important is it to approach a debt counselor as soon as possible, when you start experiencing financial problems?
 
Very important !! The sooner the better. Waiting too long could cause your creditors to take judgement against you. Once this has happened debt review can no longer assist you with that specific account. Especially when there is a vehicle and/or a bond involved contact us ASAP so that we can protect your assets.

What happens to all my accounts?
All accounts will be frozen by your creditors. However you should keep paying your accounts while under the debt review program as per the arrangements made by us with your credit providers.

What accounts are excluded form debt review?
All accounts for which judgement and garnishee orders have already been issued. Accounts such as SARS, Municipal accounts, School fees and telephone and cell phone accounts are not included in debt review as they are service providers. Restructuring the other accounts under debt review helps you afford to pay the service providers.

Can I withdraw from the debt review program?
No, not until all debt covered by the debt review program have been settled in full. A debt counsellor can suspend their services due to non-payment, however, the debt review will remain on your profile until all the debts except a bond have been settled.

Will I be granted money for living expenses apart from my compulsory debt re-payments?    
Yes, it is considered when we work out your monthly debt re-payment schedule.

How does debt review affect my credit profile, especially once I have paid up all debt ?
While under debt review, you won't be able to open more accounts, however, once all accounts have been paid in full, you will be given a clearance certificate, and your name will be taken off all credit bureaus within 2-3 weeks.

What if my husband and I both want to take up the debt review program?
We will need the required paperwork for the both of you. If married COP it is compulsory for both parties to apply together.

Is distance a problem?
It does not matter how far you are from us, we offer a nationwide service and will assist you via telephone and email no matter where you are situated.

What does Debt Review cost?

The debt counsellor’s fees are regulated by the NCR and we adhere to these fees. As each application is unique fees will differ. Once we have done your free evaluation we will be able to give you your fee structure. All fees are included in the payment plan and no upfront payments are necessary.

Please feel free to contact us if you have any further questions or queries, we are always happy to assist. The thought of debt review can be a daunting one but we will do everything we can to ensure that we make the process as easy stress free as possible for you. 

072 044 7777                                                       info@tdtgroup.co.za