by Wikus Olivier | Aug 11, 2025 | Articles, CreditSmart Essential Reading, Debt Review Removals
For many South Africans, debt review (also known as debt counselling or instalment consolidation) has been a crucial tool for managing overwhelming debt under the National Credit Act (NCA) no. 34 of 2005. This process, facilitated by a registered debt counsellor,...
by CreditSmart Author | Aug 7, 2025 | Articles, CreditSmart Essential Reading, Debt Review Removals
Are you currently under debt review and looking to regain your financial freedom? The Debt Review Removal process is a structured pathway that helps you legally exit debt review and restore your credit record. With CreditSmart’s expert guidance, this process ensures...
by Carla Oberholzer | Jul 11, 2025 | Articles, CreditSmart Essential Reading, Debt Review Removals
What is a Debt Review Flag & Why It Matters? When a consumer is found to be over-indebted under Section 86(6)(a) of the National Credit Act (NCA), a “debt review flag” is placed on their credit record. This status blocks access to new credit and remains until a...
by CreditSmart Author | Mar 10, 2025 | In The Media - Online, In The Media – Podcast
Ruan Jooste spoke to Wikus Olivier, MD here at CreditSmart, on why Debt Counselling is not a quick-fix and why helping consumers to understand the process is crucial,BEFORE they apply for the process. Olivier and Jooste highlight that organisations need to start...
by admin | Jun 6, 2018 | CreditSmart Essential Reading
You Kept up with the Joneses and now you’re up to your ears in debt with no hope of relief. Luckily for you, the National Credit Act is there to ease your burden. Without bombarding you with all the legal jargon and technical terms, here is the consumer-friendly break...
