How it Works

Yes. Debt review can be removed once your debts have been settled or if you are no longer considered over-indebted. A clearance certificate or court order may be required to remove the debt review flag from your credit profile.

The time required depends on your specific situation. In many cases the process can take between a few weeks and a few months, depending on documentation, creditor confirmations, and credit bureau updates.

Debt mediation is a process where a financial specialist negotiates with creditors on your behalf to reduce monthly payments or restructure your debt into a more manageable repayment plan.

No. Debt review is a formal legal process, while debt mediation is a more flexible negotiation process between you and your creditors. Debt mediation can sometimes help clients avoid entering debt review.

Credit repair involves correcting inaccurate, outdated, or unfair listings on your credit report. This may include removing incorrect defaults, resolving disputes with credit bureaus, or improving your credit profile.

In South Africa, many unsecured debts prescribe after three years if there has been no payment, written acknowledgment of the debt, or legal action taken by the creditor during that time.

However, each situation is different, so it is important to have your case reviewed by a professional.

Yes. In some cases a judgment can be removed through a process called judgment rescission or once the debt has been settled and the proper legal steps are taken to update your credit profile.

A judgment may remain on your credit profile for up to five years, unless it is rescinded or removed earlier.

Yes. Removing outdated or incorrect listings can improve your credit profile and increase your chances of being approved for credit in the future.

Yes. SA Financial Rescue offers a free financial assessment where our consultants review your credit profile and advise you on the best available options.