We can help with the Removal of Debt Review
Being over-indebted is a difficult situation for anyone to face. It’s hard to deal with unaffordable debts and equally challenging to overcome them. Thankfully, Debt Review plays an important role in empowering over-indebted consumers. You repay what you owe to your creditors through an achievable restructured payment plan. Afterward, we can help with the removal of Debt Review if it is necessary.
Despite everything going according to plan, some individuals find that Debt Review still reflects on their name when it shouldn’t. This is frustrating as it can appear to creditors you’re still undergoing the process and have not yet repaid your debts. Despite your efforts, you can still be limited by your old debts, which should not be the case. We can help with the removal of Debt Review and are well-equipped to navigate this complication.
The Debt Review Removal Process
Once you’ve repaid everything through Debt Review, you should be issued a clearance certificate. In due time, the Debt Review flag should be removed from your credit report. Generally speaking, this happens within 21 days of receiving your clearance certificate. Unfortunately, there are times when delays occur, either with or without a valid explanation. Either way, we can help with the removal of Debt Review, and have an excellent success rate.
In some instances, delays with Debt Review removal could indicate that the Debt Counsellor did not follow protocol. This is not usually the case, especially if the Debt Counsellor is registered with the National Credit Regulator (NCR). They are expected to inform your creditors, the credit bureaus, and the NCR that you’ve successfully repaid your debts, via the Debt Help system. In turn, the Debt Review Flag, along with any judgements and defaults, should come off your credit report.
Are you in a situation where Debt Review remains on your credit report after you’ve repaid all your debt? Let Ayoba Loans assist you and get your name cleared. We can help with the removal of Debt Review so that you can finally begin to enjoy the benefits of improved credit, which you’ve earned. Debt Review is a long process that has so many advantages, many of which only come with having an improved credit report.
Don’t spend another day held back by an incorrect credit report, reflecting a Debt Review Flag that doesn’t belong there. We can help with the removal of Debt Review and offer a reputable and transparent service to South Africans who need it. Get in touch with us today to get started!
