Rating based on 6 reviews


  • Reduced Monthly Instalments
  • Become Debt Free
  • Better Interest Rates

In-page navigation

Mi-Debt homepage
Author Mi-Debt. Screenshot of Mi-Debt website.
[Accessed May 9, 2023]

About Mi-Debt

Mi-Debt was founded in South Africa in 2017 to provide high-quality debt relief services to individuals and businesses.

The company was founded by a team of passionate and experienced debt advisors who envisioned a future where everyone could have access to professional debt assistance and get back on track financially.

From the beginning, Mi-Debt has been committed to providing affordable and personalised services.

Debt relief services in South Africa

Their qualified debt advisors will work with you to reduce debt, pay off debt, and improve your credit score. They provide debt consolidation, debt review, debt counselling, and debt management services.

Additionally, they offer financial literacy and educational services to empower you to make smart financial decisions. Let Mi-Debt help you get back on track and take control of your financial future.

Mi-Debt has been successful in helping thousands of customers reduce and pay off their debt. Their team of qualified debt advisors provide tailored services to you to help get your finances back on track.

Benefits of Mi-Debt’s services

  • Access to experienced financial advisors
  • Financial literacy and educational services
  • Negotiate lower interest rates and fees with creditors
  • Improved credit score
  • Get back on track financially

Mi-Debt's team of highly skilled and experienced professionals work closely with clients to understand their unique financial situations and develop customized solutions to help them pay off their debts and manage their finances effectively.

How can debt review help you?

Debt review is here to help you if you are struggling with debt. They will start by assessing your financial situation in detail and then create a repayment plan that is tailored to your needs.

Through debt review, you can negotiate lower interest rates and fees with your creditors, helping you to pay off your debt in a timely manner. Let debt review help you get your finances back on track.

Mi-Debt Services

Mi Debt provides debt review services to help individuals get out of debt and gain financial freedom.

They offer personalised assessments and debt consolidation offers to help individuals manage their debt and create a payment plan that works for them.

They provide comprehensive support and guidance throughout the process, including document signing, processing and debt consolidation. Their goal is to help individuals regain control of their finances and get out of debt.

Benefits of choosing Mi-Debt

  • Professional debt management services: M-Debt has a team of highly skilled and experienced professionals who can help individuals manage their debts effectively.
  • Customized debt solutions: M-Debt provides customized debt management solutions that are tailored to the unique financial situations of each client.
  • Debt counselling: M-Debt offers debt counselling services that can help individuals create a budget, negotiate with creditors, and reduce their monthly payments and interest rates.
  • Debt consolidation: M-Debt provides debt consolidation services that can help individuals simplify and reduce the cost of their debts by combining them into a single payment.
  • Debt review: M-Debt offers debt review services that can provide debt relief for individuals who are over-indebted and struggling to pay their debts.
    Financial education: M-Debt provides financial education and budgeting tools to help individuals improve their financial well-being in the long run.
  • Legal protection: M-Debt can provide legal protection for individuals who are struggling with debt by initiating the debt review process, which prevents creditors from taking legal action.
  • Reduced stress and anxiety: Working with M-Debt can help reduce the stress and anxiety associated with debt by providing a clear path forward and a sense of control over one's financial situation.
  • Improved credit score: M-Debt's debt management solutions can help individuals improve their credit score by reducing their debt load and making timely payments.
  • A path to financial stability: By providing effective debt management solutions, M-Debt can help individuals achieve financial stability and build a stronger financial future.


Mi-Debt – Debt Counselling

  • Loan Type Debt Review

Benefits of Mi-Debt

  • Lower interest rates
  • Reduced debt instalments
  • Negotiations with creditors
  • Protection against asset repossession

How to apply for debt review with Mi-Debt

In some cases, debt review may not be the right solution. If you have pending legal action against you or for instance, if you don’t have sufficient debt to warrant going under debt review.  

Mi-Debt's team of debt counsellors can assess an individual's financial situation and provide guidance on the best course of action for their particular circumstances.

  1. Gather all relevant financial documents such as bank statements, pay slips, loan statements, and credit card statements.
  2. Contact Mi-Debt to assess your financial situation and determine if debt review is right for you.
  3. Once approved for debt review, a payment plan will be created for you based on your income and expenses.
  4. Your creditors will be notified of the debt review process and will be asked to agree to the payment plan.
  5. If your creditors agree to the payment plan, you will be required to make regular payments towards the debt.
  6. If your creditors do not agree, apply for the repayment plan to be made an order of court.
  7. Once all payments have been made, the debt review process will be complete and you will receive a debt clearance certificate. 

Here are some general eligibility criteria for debt review with Mi-Debt:

  • Over-indebtedness: Individuals must be over-indebted, meaning they are unable to meet their debt obligations as they become due.
  • South African citizen: Only South African citizens or individuals with a valid work permit are eligible for debt review with Mi-Debt.
  • Regular income: Individuals must have a regular income to qualify for debt review. This can include employment income, self-employment income, or other sources of income.
  • Monthly debt payments: Individuals must have monthly debt payments that exceed their monthly income.
  • Multiple creditors: Individuals must have multiple creditors that they are struggling to pay.
  • Affordability: Individuals must be able to afford the monthly debt repayment plan proposed by Mi-Debt.
  • Proof of income and expenses: Individuals must provide proof of income and expenses to verify their financial situation.

Mi-Debt Contact

Physical Address

Opening Hours

  • Monday 07:30 – 17:00
  • Tuesday 07:30 – 17:00
  • Wednesday 07:30 – 17:00
  • Thursday 07:30 – 17:00
  • Friday 07:30 – 17:00
  • Saturday – Closed
  • Sunday – Closed