Meerkat Blog: Funeral Cover, Debt Management, Savings, Credit Life Cover

Debt Review Clearance: How Meerkat Can Help You Clear Your Debt Review for Only R1150 in Just 10 Days

Written by Moku | 01-Oct-2024 12:38:54

If you’ve been through the debt review process, and you've paid up all your debt, you know it’s a crucial step to regain financial stability when you are over-indebted.

However, once you've completed the debt review process, Meerkat offers a fast, affordable, and legal solution to remove the debt review flag from your credit profile for just R1150 in as little as 10 days.

This blog post explores how Meerkat can help with debt review clearance, ensuring your credit profile is restored and you can start applying for credit again.

What is Debt Review?

Just a quick recap of the debt review process. Debt review in South Africa is a debt relief process regulated by the National Credit Regulator (NCR) to help over-indebted South Africans manage their finances.

It involves working with registered Debt Counsellors to restructure your debt payments, often reducing interest rates and your monthly payments.

Once you’ve completed the debt review process and settled your outstanding debt, it’s essential to remove the debt review flag from your credit record. This is where Meerkat’s debt clearance offer comes in.

Meerkat’s Debt Review Removal Offer

Meerkat provides a simple and legal way to remove the debt review flag from your credit profile. For only R1150, Meerkat will help you obtain a Debt Review Clearance Certificate, commonly referred to as a Form 19 clearance certificate or a debt clearance certificate, within just 10 days. This certificate legally confirms that you have settled all your debts as per your debt restructuring plan and that you are eligible to be removed from the debt review process.

The best part? Meerkat’s service ensures that you can start rebuilding your credit record without unnecessary delays, allowing you to apply for credit again, whether it's for a new home loan, a credit card, or other financial needs.

What is a Debt Review Clearance Certificate?

A debt review clearance certificate, or Form 19 clearance certificate, is a legal document issued by a registered Debt Counsellor, confirming that all your debts included in the debt review have been fully settled. This certificate is essential for clearing your name from the debt review process and updating your status with the credit bureaus.

Once the NCR clearance certificate is issued, the credit bureaus update your credit profile, removing the debt review flag. This is critical for improving your credit score and regaining the ability to apply for credit.

The Process of Removing Debt Review with Meerkat

Meerkat’s debt review clearance service is designed to be fast and efficient. Here’s how it works:

  1. Completion of Debt Review: Before you can be removed from debt review, you must have successfully completed the process. This means that all the debts included in your debt review plan must be paid in full. If you’re unsure about your status, Meerkat can help you verify whether you’ve reached this milestone.
  2. Request a Clearance Certificate: Once you’ve completed the debt review, you can apply for a clearance certificate using our online process.

  3. Credit Bureau Update: Within just 10 days, your credit bureau clearance will be completed. Your credit report will reflect that you have successfully finished the debt review process, and the debt review flag will be removed from your credit profile.

Benefits of Clearing Debt Review with Meerkat

  • Quick Process: Meerkat’s service ensures your debt review flag is removed in as little as 10 days, allowing you to quickly regain control of your financial life.
  • Affordable: For only R1150, you can legally clear your name from debt review—a fraction of what you might pay elsewhere.

*Please be advised that if you do not have your paid-up letters from creditors, you will be charged more.

  • Legal and Regulated: Meerkat’s service follows all legal requirements, working directly with registered Debt Counsellors and the National Credit Regulator (NCR) to ensure the process is compliant.

How Debt Clearance Improves Your Credit Profile

Once your debt review clearance certificate is submitted to the credit bureaus, your credit report will reflect that you have completed the debt review process. This improves your credit profile and opens up new opportunities for securing credit.

You’ll now be able to apply for larger financial products like home loans or car loans, which would have been impossible under debt review.

Start Your Debt Review Removal Journey with Meerkat Today

If you’ve paid off your debts and are ready to clear your name from debt review, Meerkat’s affordable and fast debt clearance service is the perfect solution. For just R1150, you can legally remove the debt review flag from your credit profile in only 10 days.

By working with registered Debt Counsellors and adhering to the guidelines set by the National Credit Regulator (NCR), Meerkat ensures a smooth and efficient process, helping you take control of your financial future.

Take the first step to restoring your credit record and securing your financial freedom by reaching out to Meerkat today. Let us help you get your credit clearance certificate and unlock new opportunities for financial success.