Debt Restructuring

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Every step of the way

We are here to help you

When you join Debt Care your Debt Counsellor’s main task is to bring debt relief to you and your loved ones. To achieve debt relief, your debt counsellor will evaluate all the debt you have and begin a process called Debt Restructuring.

During Debt Restructuring your Debt Counsellor negotiates with your creditors for lower repayment amounts or better repayment terms, reduced interest rates and extended repayment time. Thus, the Debt Restructuring process frees up much-needed cash flow for essential living expenses while also covering your debt repayments.

Benefits of Debt Counselling:

No Blacklisting

You cannot get blacklisted while undergoing debt counselling with DebtCare

Reduced Monthly Payments

We negotiate reduced monthly payments with your credit providers

Let Us Deal with Credit Providers

We deal with all credit providers and/or debt collectors on your behalf

No more stress on payday
No more getting turned away at stores
No more threats from Creditors
No more fear of being blacklisted

Our Five Steps to Living Debt-Free

How does DebtCare restructure debt?

1.

Debt counsellors are certified to gain access to your personal credit reports.

2.

Only a debt counsellor can extend your repayment periods and lower your interest rate, resulting in lower monthly installments.

3.

We will give you financial advice and assistance every step of the debt counselling process.

4.

DebtCare will negotiate and deal with your frustrated creditors.

95% of our clients are Debt Free
within 36-60 months.

Take a look at the example below:

Old Payment

R 22,000
Per Month
  • Bond: R7,000 per month
  • Vehicle: R4,000 per month
  • Other debt of R160,000: R11,000 per month

New Payment

R 11,800
Per Month
  • Bond: R5,500 per month
  • Vehicle: R2,800 per month
  • Other debt of R160,000: R3,500 per month
Debtcare

Success Stories

Client Testimonials

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