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How to Become Debt Free?

Step 1

Submit your details using our online contact form to get a phone call from one of our consultants, who will guide you through the rest of the application process.

Step 2

Provide us with the necessary financial information i.e. what your expenses and income are on a monthly basis. If you spend more than you earn, you are over-indebted and qualify for Debt Review.

Step 3

Next, we will notify your Credit Providers and the Credit Bureaus that you have applied for Debt Review with NDA. Accordingly, your Credit Providers won’t be able to take legal action against you for 60 working days.

Step 4

Your Credit Providers will send us your Certificates of Balance (COBs) and we will draw up a more affordable Debt Repayment Plan for you.

Step 5

Then we will negotiate with your Credit Providers to have your monthly instalments and interest rates reduced, and your repayment term extended.

Step 6

We will apply to the Magistrates Court to have your  Debt Repayment Plan declared a legally binding Court Order.

Become Debt Free!

Make your more affordable debt repayments monthly on time and in full, until you have settled all of your debts and are completely debt free! Lastly, we will issue you with a clearance certificate.