A clearance certificate, also sometimes known as the following:
is an official document confirming that you have settled all your debts included in the debt review process. The only outstanding debt you may have is your home loan. It’s a crucial requirement for removing the debt review flag from your credit record.
Once issued, credit bureaus are legally obligated to remove the flag (credit bureau clearance), restore your credit profile, and allow you to access credit again if needed.
Meerkat can issue you with a debt review clearance certificate in just 10 days!
To clear your name from debt review, you must:
This may sound complicated, but with Meerkat, it doesn’t have to be!
At Meerkat, we’re committed to making debt review removal stress-free and affordable. Here’s what sets us apart:
We believe financial freedom shouldn’t come with a hefty price tag. Our clearance certificate services are among the most cost-effective in South Africa.
Our team of professionals will guide you through the entire process, from assessing your situation to liaising with credit bureaus on your behalf.
We understand that time is of the essence. Meerkat ensures that your clearance certificate is processed quickly and efficiently.
With years of experience and a proven track record, we’ve helped countless South Africans regain their financial independence.
How much does it cost to remove debt review status?
If you have your paid up letters from your creditors, we can remove you from the debt review process for only R1150 (inc VAT).
⭐Interested in finding out how you can leave your debt review process early? Read this blog post
With Meerkat, if you have all your paid-up letters from your creditors, you can receive your debt review clearance certificate and your name can be cleared from debt review in just 10 days.
You can check if your name is cleared from debt review by getting a copy of your credit report. If you are cleared, there should be no flag on your credit report.
To get a clearance certificate from debt review, you need a registered debt counsellor to issue you with one. Meerkat can do this for you.
After receiving your clearance certificate or successfully completing the debt review process, you need to give the Credit Bureaus time to update your profile. It's often best to allow for 3-4 months before applying for credit.
If you have been cleared from debt review, you are now free to start applying for credit.
We have helped many clients who have paid up their debt but are still flagged on the credit bureau as being under debt review, even after they completed the debt review and cannot get cleared. We can help you with your credit record.
This is often because they cannot get hold of their registered Debt Counsellor or their Debt Counsellor is no longer in practice. If you find yourself in this position, complete our simple online application here.
We'd be happy to help with the administration of your clearance certificate, advise your creditors and contact the credit bureaus on your behalf.
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