Most South Africans understand that borrowing money comes at a cost. What many do not realise is how difficult it can be to determine the true cost of credit, the actual affordability of repayments and the long-term consequences of decisions made at the point of “sale” for the lender as...
Gambling often starts quietly. A small bet. A quick win. A desperate attempt to make ends meet. For many people, it feels like a harmless escape or a chance to solve financial pressure fast or secure a better tomorrow. But over time, gambling becomes a habit, the consequences can be...
✅ What Happens After You Finish Debt Review? The Clearance Certificate Process Explained Once you’ve completed your debt review payments, there is a formal legal process that must take place to remove the “under debt review” status from your credit profile. This is done through a Clearance Certificate issued by your debt...
Why Reading the Fine Print on Credit Life Insurance (CLI) Is Critical. Is your Credit Life Insurance silently Draining your Wallet When entering debt review, one of the most overlooked yet financially dangerous components of any credit agreement is Credit Life Insurance (CLI) linked to your bond, vehicle finance, or personal loan. Many...
In South Africa, reckless granting of credit falls under the National Credit Act (NCA) and is treated as prohibited conduct. Legal Basis - Specifically: Section 80 - Defines reckless credit Section 81 - Duty to assess affordability Section 83 - Court powers when reckless credit is found 💰 The Fine (Administrative Penalty) The National Consumer Tribunal...
South African government (through the tax rules administered by SARS) has effectively given homeowners a tax break worth up to about R100,000 or more when selling their homes. It’s not a cash payment, it’s a tax saving. Here’s the simple explanation: 🏡 What changed In the 2026 Budget, the capital gains tax (CGT)...
REDUCE YOUR DEBT TO ZERO In an increasingly uncertain financial world, consumers deserve to be fully informed about the service they are signing up for, especially when it comes to Debt Review. At Debt Therapy, we offer a 100% Money-Back Guarantee to consumers who sign up for Debt Review or Debt Review...
Do you actually know how much debt you have right now? For many South Africans, this is not an easy question to answer. Not because people are irresponsible or careless, but because looking closely at debt can feel overwhelming. Sitting down, opening bank statements, logging into apps, and seeing all the...
At Debt Therapy, our mission is simple: We help over-indebted consumers regain control of their finances, live the life they deserve, and work toward becoming DEBT FREE. We achieve this by renegotiating your credit terms directly with your providers, ensuring you pay only what you can realistically afford. With our proven Debt...
Some leave out the details that matter most like what happens if you miss payments, how your court order protects you, or what your true repayment options are. At Debt Therapy we believe in full transparency. No surprises. No hidden agendas and No half Truths Debt Review can be the right solution...
