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Debt Solutions

  • Become Debt Free
  • Negotiations With Creditors
  • Budgeted Repayment Strategy

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Author Debt Solutions. Screenshot of Debt Solutions website.
[Accessed May 9, 2023]

About Debt Solutions

Debt Solutions was founded fourteen years ago. As per the National Credit Act of 2005, Debt Solutions offers debt relief and advice which aims to solve the financial strain of many consumers who are over-indebted.

They’ve over the years played a prominent role in Mpumalanga by fostering its true values, which are integrity and being committed to rendering exceptional service.

Experienced and competent in debt review

Debt Solutions are experienced and competent in solving your debt issues. They’re also accredited by the National Credit Regulator.

Their primary goals include developing reasonable repayment arrangements for you which are fully acknowledged by credit providers. Since they are always concerned and want to help you, they ensure they’re with you in the entire debt review process.

Debt Solutions uses DC Partner as their Payment Distribution Agency

Debt Solutions uses DC Partner as their PDA. DC Partner is regarded as one of the leading payment distribution agencies in South Africa that aims to help you if you’re undergoing a debt rehabilitation programme.

They’re known to provide accurate and quick fund distributions from you to your credit providers. The distribution process follows strict rules which abide by the distribution plan provided by a debt counsellor.

Can you picture a life where you don’t have any debt? Check to see if you’re going through the below symptoms, as this means you need help.

Is debt review right for you?

  • You’ve missed payment on one or more accounts.
  • Immediately after paying your debts, you’re broke and have nothing left to attend to your basic daily living expenditures.
  • You constantly receive relentless calls from debt collectors asking for payment.
  • Payday loans are now a norm for you.
  • You don’t have any emergency funds or savings.

With Debt Solutions, you can go from being over-indebted to being free from debt. Their process is private and voluntary. You’re also able to access a free assessment.

Debt Solutions Services

Debt Solution's view on the principal purpose of debt counselling

  1. To give over-indebted consumers expert guidelines and advice.
  2. Act as a consumer’s representative in negotiations with credit providers.
  3. Properly manage and administer a final repayment resolution with an appointed Payment Distribution Agency.

Benefits of Debt Counselling

  • Debt Solutions have created reasonably priced solutions which come as properly crafted repayment plans that you can fit within your budget.
  • Repayment plans are custom-made with you in mind, so you can be able to attend to your living expenses.
  • Repayment plans implemented look to release you from any lingering financial distress and any psychological consequences associated with the mere thought of excess debt.
  • All repayment plans designed by Debt Solutions have one goal in place, which is to free you from debt over a specific time period.
  • One of the main concerns of Debt Solutions is keeping you interested. As a result, they place a great emphasis on forming a partnership with you. Working together as a team to defeat the side effects of debt so at the end you can reach the outcome you’ve desired from the beginning.
  • Moreover, as they fully act on your behalf in the negotiation process, they end up forming a cordial relationship with your credit providers. This in turn saves you from the agony of dealing with creditors who often can be heartless and rude.
  • Since they’re experienced with the negotiation process with credit providers, they’ll make certain that creditors are completely aware of the entire repayment structure until they reach a mutual agreement without discarding your needs.

What is a Payment Distribution Agency?

The National Credit Act has given a Payment Distribution Agency authority to obtain funds from consumers who are undergoing debt review. In turn, those funds should be distributed to the consumer's creditors. The Payment Distribution Agency also provides you with statements every month.

Stick to paying your debt on time

Once you realise that you can no longer fulfil your payment arrangement from your creditors, that’s when it’s time to consider going under debt review.

Make sure that you act diligently and pay your payment arrangement on time. Failing which, you’ll be taking a step backwards and end up being far from reaching financial prosperity.

Debt Solutions – Debt Counselling

  • Loan Type Debt Review

Benefits of Debt Solutions

  • Lower interest rates
  • One affordable repayment plan
  • Reliable debt solutions

What are the necessary documents?

  1. ID document
  2. Latest proof of income
  3. Proof of residential address

7 steps to the Debt Solutions debt review process

  1. You need to make an appointment with a registered debt expert.
  2. This is the assessment stage, where your finances will be assessed to determine to what degree are your expenses in excess. Your first consultation at Debt Solutions comes with a free credit report.
  3. You now need to fill in all necessary documents and once you’ve completed them, Debt Solutions will then proceed with the debt restructuring application.
  4. The National Credit Regulator, Credit Bureau and all your creditors will be notified about the submission of your debt review application. Creditors verify your balances, and you’re not allowed to be offered any new credit once you’re under debt review.
  5. This is the negotiation stage of a new debt repayment arrangement, following which your creditors and Payment Distribution Agency are presented with an official plan. Your application for debt review will be sent to court. Debt Solutions will do all it can to make sure creditors approve and give a go-ahead to the restructured arrangement.
  6. All admin requirement that falls in line with the agreed repayment plan will be done by Debt Solutions debt counsellor.
  7. Once you’ve settled all your debts, you’ll receive a clearance certificate. Any negative rating from a Credit Bureau will also be removed.

To apply at Debt Solutions, you will need to either fill in an online application form found on their website or go straight to their offices.

You’ll be required to provide

  • Your name and surname
  • Contact number
  • Email address
  • Enquiries, if you’ve any

Once you’ve filled the information in, you should expect a call back as soon as possible.

Debt Solutions Contact

Physical Address

  • Unit C, Merci Dieu Office Park, 25 Mostert street Nelspruit Mbombela 1206 South Africa
  • Get Directions

Opening Hours

  • Monday 08:00 – 16:30
  • Tuesday 08:00 – 16:30
  • Wednesday 08:00 – 16:30
  • Thursday 08:00 – 16:30
  • Friday 08:00 – 16:00
  • Saturday – Closed
  • Sunday – Closed