Debt Therapy
- Full Legal Protection
- Lower Monthly Repayments
- Become Debt Free
In-page navigation
[Accessed May 9, 2023]
About Debt Therapy
Debt Therapy, is a leading, trusted company in South Africa to provide, debt review, debt counselling, and debt consolidation services.
Debt Therapy has remained the most popular company amongst other debt review companies. It has been occupying the number spot since 2019, in 2007 when the National Credit Act was implemented.
Debt Therapy was the first company to help South African citizens deal with financial problems. No other debt review company is as experienced in listening and helping people find the right financial solutions to their problems.
Debt Therapy’s staff are well-trained and dedicated to assisting their clients throughout the application process with ease.
The debt review process
If you want to make debt a thing of the past, get in touch with Debt Therapy and find out how they can help you begin the debt review process.
Not only have they been sitting in the number-one spot for years. Debt therapy has been in the top five of the best debt counselling companies in South Africa for 8 years.
- Their services are designed to suit your needs.
- With Debt Therapy, consultations and advice are free of charge.
- Their application process is quick and easy.
- A one-on-one interview is optional.
- Anything you disclose will be kept private.
- You pay a smaller amount towards your debt and free up cash to cover your living expenses with greater ease
Debt Therapy Services
Debt Therapy offers debt counselling services as a formal solution that was introduced in 2007 by the National Credit Act.
This form of Debt Therapy service has been an easy and established way most people have used to escape from debts, ensuring they have enough to cover their daily basic needs. With debt counselling from Debt Therapy, you can definitely be debt free by arranging with them to look at your existing credits such as;
- Loans
- Bonds
- H.P agreements
- Credit or store cards
They negotiate on your behalf with your credit providers, to make sure you get better terms with lower interest rates consolidated into one easy and affordable payment.
Therefore, with Debt Therapy you'll have:
- Your monthly debt payment is reduced
- Satisfactory new terms from your credit providers
- Enough money to provide for your monthly expenses
The advantages of their services
- You’re protected from your credit providers.
- Repayments you make each month decrease.
- It’s the fastest way to steer free from Debt.
- There’s a trained debt specialist available to assist you 24/7.
- More money for you to save and enjoy with your family.
- Financial education and protection rights from credit providers.
- If you were blacklisted you can improve your credit score
Debt Therapy – Debt Counselling
- Loan Type Debt Review
Benefits of Debt Therapy
- Protect your assets
- Better interest rates
- One affordable monthly repayment
- Simple online application
How do consolidation loans work?
A consolidation loan can work for you if you need a sustainable solution to your debt problems.
In most cases, it’s only a short-term solution, as one can re-use the now available credit from credit cards, store cards, etc. This can keep happening until you’ve drowned yourself in more debt until you can’t take any more consolidation loans.
Well, if you’re certain of living a debt relief life Debt Therapy consultants are constantly waiting and happy to hear from you. They can assist in introducing you to living a debt-free life, with a few easy steps to follow. So, if you find it hard to pay off debts you made unexpectedly. Contact Debt Therapy and get a suitable option that will accommodate your financial status.
Debt consolidation services
There are two ways to consolidate your debt, one with a loan and another without a loan. Debt consolidation without a loan is for clients who have been blacklisted to a point where getting a consolidation loan is impossible. Whereas consolidation loans are for clients with a good credit record and who are not blacklisted.
Here is how you can qualify and apply for debt review
- Over the age of 18
- Permanently or self-employed at least for over 3 years
- Good credit record
- Pay slips if any
- A bank statement not older than three months
- Creditors information (the registered creditor)
The five easy steps to break free from debt
Step 1 - You’ll fill in an online application form. A professionally trained Debt Therapy consultant will call you back for a free assessment. They’ll require a list of all your monthly expenses and debts.
Step 2 - Secure your protection from legal action. On your next payday, you’ll start repaying the reduced amount. A debt counsellor considers your budget and calculates lower monthly payments. Hence, more money is left for you to cover your living expenses.
Step 3 - This is where you start your initial payment. The temporary initial debt payment is sent to your credit. If you carry on offering your monthly payment, then that’s where your creditors will know how committed you are.
Step 4 - Finalisation of your debt payment plan. Your debt advisor will directly negotiate a final payment plan with your creditors. Thereafter, they’ll present it to you.
Step 5 - The final payment plan is made through court. After you, your advisor and your creditors have agreed on a final payment plan, the payment plan is now presented to the court by your Legal Representative from Dept Therapy.
The court order will issue a Court with the date for your final payment. The date you pay all the amount you agreed on will be the day you walk free from all your debts!
Debt Therapy Contact
Contact Number
Website
Physical Address
- Unit 9, 1st Floor, Time Business Park, 37 Blaauwberg Rd, Table View Cape Town Western Cape 7441 South Africa
- Get Directions
Opening Hours
- Monday 08:00 – 17:00
- Tuesday 08:00 – 17:00
- Wednesday 08:00 – 17:00
- Thursday 08:00 – 17:00
- Friday 08:00 – 17:00
- Saturday – Closed
- Sunday – Closed