Solutions to free you from debt

Reducing the overwhelming stress caused by debt

We assist people overwhelmed with debt to see their salary again within 30 days, without loosing their home, vehicle or assets.

Take control and become debt free

Reducing Monthly Repayments up to 50%

Through the process of Debt Review we are able to reduce the monthly repayments up to 50% depending on the types of debt you have.

The Impact of Debt Review

41 Year Old Male

Before Debt Review

Monthly Installment: 
R62 800.00

Interest Rate:
32.5%

After Debt Review

Monthly Installment: 
R31 530.00

Interest Rate:
7%

Monthly installment reduced by R31 270.00

36 Year Old Female

Before Debt Review

Monthly Installment: 
R18 408.00

Interest Rate:
26.5%

After Debt Review

Monthly Installment: 
R11 200.00

Interest Rate:
4%

Monthly installment reduced by R7 208.00

Debt Assessment Request

Submit this form to request a debt assessment. Your journey in becoming debt free starts here.

Your information will be kept confidential.

Who Qualifies

Main Qualifying Criteria

  • Need to have a monthly income.
  • The combined debt repayment needs to be above R3 000.00 per month.
  • The debt repayment is more than what can be afforded.
  • Dependent on the individual assessment. 

The calculator may be used to determine if you might qualify for Debt Review.

Calculator

Based on this calculation your income is not overcommitted.
Based on this calculation your are overcommitted. You are welcome to complete the Debt Assessment Request form to determine if you qualify.
Your current combined monthly debt repayment is less than the minimum required monthly debt repayment of R3 000.00

Please note that the result of this calculation is for indication only and is not guaranteed.

What is Debt Review

Debt review is the process in which a qualifying person’s outstanding debt is restructured into a single repayment plan after renegotiating the interest rates and repayment periods. 

Most importantly, when under Debt Review, you are legally protected and creditors are no longer allowed to hassle you.

A new affordable monthly budget and payment plan will be drawn up to provide you with the correct guidelines and means to live off.

Process

Step 1

Assessment

Step 2

Restructuring

Step 3

Implementation

Step 1

  1. Complete the Online Assessment Request.
  2. We evaluate your financial position.
  3. The result and recommendation is communicated.

 

Step 2

  1. Once signed application forms are received, you are registered with the NCR (National Credit Regulator) and you will be immediately protected.
  2. Debit orders on your account are cancelled and a SINGLE DEBIT ORDER will run for all your creditors.
  3. We negotiate lower interest rates and new repayment terms with your creditors.

 

Step 3

  1. Your journey in becoming debt free is in motion.

Debt Assessment Request

Submit this form to request a debt assessment. Your journey in becoming debt free starts here. Your journey in becoming debt free starts here.

Your information will be kept confidential.

Testimonials

I’d just like to thank you for all your assistance with this process. It has been easy and painless, one of the best experiences I’ve ever had with any service provider across the board. I hope you have a wonderful evening
Tangerine
32 year old female
Wow that's all I can say. You guys have been amazing and my stress levels is already better knowing I am going to pay an amount that is easy for me to afford. Thank you so much

Lionel Boschoff
54 year old male

Why use LDS

Visit Our FAQ for Frequently Asked Questions