Debt Review Removal Process - Frequently Asked Questions

We care, we have over 800 verified customer reviews from various social media platforms and we make a plan. Credit Salvage also prides itself on transparency, efficiency, and a client-focused approach. We offer competitive pricing, no hidden fees, and a team of professionals dedicated to navigating the legal complexities on your behalf, making the process as stress-free as possible.

You might need to remove the debt review indicator to improve your creditworthiness. While under debt review, you're restricted from incurring additional credit, which can limit your financial flexibility. Removing this indicator restores your ability to apply for credit, loans, and make significant financial decisions independently. Apply here to start the online process

Yes, we are registered with the National credit Regulator, CIPC and various other industry watch dogs. 

The term Credit Utilisation refers to how much of your available credit is being used based on the balance of your current accounts compared to your credit limits. It’s like using a bucket of water: if the bucket is full, there is less room to add water, and the same applies to your credit utilization ratio. If the bucket is empty, you have more space to add debt.

Debt counselling and credit clearance are two different processes. If you have paid off most of your debts or have old accounts that need to be closed, then this process is available for you. 

For consumers who cannot pay their debts, we offer debt counselling services. 

1. ID Copy or smart card copy
2. Proof of residence
3. Signed power of attorney
4. Any paid-up letters

To speed up the process we would appreciate any paid-up letters but we will be able to obtain this if you did not receive paid up letters.

Credit score increases are dependent on several factors. There is no easy answer to this question without proper analysis. 

The rule of thumb is that your credit score should improve with each removal or update. However, keep in mind your debt to income will play a big part in credit scores. We will advise accordingly on how to improve this for a better score. 

Revolving accounts are a type of credit account that allows you to borrow against a pre-approved limit and requires that you make minimum payments based on the balance on the account. With a revolving account, you can borrow money up to a certain limit and pay back the money you borrowed with interest. The minimum payments are usually based on the amount of the balance on the account. If you pay off the balance in full, you can borrow more money up to the same limit.

If you are happy with the information we provided, you checked our reviews and confirmed our registration information and are now ready to proceed with blacklisting removals and credit clearance, kindly click this link below and complete your details.

Getting started is easy. Simply apply online, phone, or visit our office for a consultation. We'll assess your situation, explain the process, and provide a clear outline of the steps and costs involved.

The Credit Salvage Debt review removal process is a legal process in removing the debt review status from your credit profile. This status is applied when you undergo debt Review to manage your debts more effectively. The removal of this credit bureau indicator or listing is necessary once you've regained financial stability and wish to access new credit or loans.

As a client of Credit Salvage, we will take your profile to be that of our own. We will take every step possible to ensure you have an updated and cleared credit record in terms of what the Credit Act permits.

Yes, once the debt counselling status is removed and your credit profile is updated, you can apply for credit. However, it's essential to manage any new credit responsibly to maintain your financial health.

Absolutely! Credit Salvage specialises in assisting clients through the debt review removal process. We offer guidance, legal assistance, and support throughout the entire process to ensure a smooth and efficient transition towards financial freedom.

Credit providers request your credit report after you apply for credit, which can affect your credit score. Enquiries are like ripples in a pond- each one will create a wave that spreads out and can affect other areas of your finances. So if you want to make sure your credit score remains healthy, it's important to minimize the number of enquiries made.

If your credit report hasn't been updated after the debt counselling indicator was removed, you should contact us urgently and we will deal directly with the bureau who still has the debt counselling indicator listed on their database. We provide a free 6 months aftercare service to assist with any queries regarding relistings. 

It normally takes our credit clearance process between four and six weeks to resolve all of the adverse listings. This includes creditor negotiation and the compulsory 20 business day credit bureau process.

Please bear in mind that if you have plenty of adverse accounts to sort out, it is going to take a little bit longer.

You do not need to pay anything upfront to access our world-class service, and we do not wait until we receive all funds before we begin.

Once a successful debit order is activated, we begin the process immediately. In most cases, we have cleared or updated clients profile before even receiving a cent for our services.

1. We steam roller ahead and take charge. Choosing our professional credit clearance service means that we deal with your creditors, collection agencies, attorneys and the various credit bureaus on your behalf.
2. It’s our time — not yours. You can spend a lot of time and effort working on your credit reports. Each unlawful or paid credit report listing is subject to quite a few laws. Depending on the situation, it may also be necessary to take action with the original creditors, collection agencies, or credit bureaus.

By subscribing for our credit clearance services, you allow us, the professionals, to review and gather information about your credit report, draft letters, follow-up, etc. 

Our service allows you to free up your time to focus on other tasks instead of worrying about checking your credit report for inaccuracies.

1. We know the laws and the ins and outs of credit bureaus. Our in-depth knowledge and understanding of these laws allow us to assist you in getting the credit report you deserve. The Credit Act laws will be used to your advantage by our Credit clearance professionals. 

Yes! We deal with South Africa's 5 largest credit bureaus, and we ensure each credit bureau profile gets a spring clean before we close your file. 

Yes! We investigate all old accounts from all 5 credit bureaus. We advise which accounts will qualify for prescription and which needs settlement negotiations

• Enforcement action default - 1 year 
  • These listings can be removed prior to the 1 year
• Debt Counselling - Until a clearance certificate is issued by a debt counsellor
  • This listing can be removed if a court declares you no longer over indebted. This is only in cases where there is no debt review court order in place.
• Rehabilitation court order - 5 years - This listing cannot be removed 
• Administration order - 5 years - This listing can be removed if the admin order is rescinded
• Trace Alerts - This listing can be removed
• Judgements - 5 years - This listing can be removed. 

Delinquent accounts are accounts where payments are far past due and are in default.

The process involves several steps, including:

• Confirming all your debts under debt counselling have been settled, not settled or restructured according to your debt restructuring plan.
• Applying to a court to have the debt counselling and overindebtness status lifted or removed from your credit profile.
• Notifying all relevant parties, such as credit bureaus and creditors, once the court order is granted to update your credit status.

The duration can vary based on individual circumstances, but typically, it can take anywhere from a few weeks to a couple of months. This timeline includes the application process, court proceedings, and the updating of your records with credit bureaus.

Yes, there are costs involved, which can include legal fees for the court application and any service fees from the company assisting you with the removal process. These costs vary we have affordable repayment plans which can be found on our Credit Bureau listing removal online application form.

Your credit score will increase if you build a good payment history, which shows prospective credit providers that you pay your accounts on time.

In addition to hurting your credit scores, missed payments make you look like a higher-risk borrower.

Enforcement, adverse listings can be removed, while payment profiles will remain on your profile for up to 5 years. These listings can only be updated to reflect as paid in full. Subsequently, we will need to boost credit scores to negate any adverse effects from your poor payment history. It is important to sort out arrear accounts as a matter of urgency.

NB please be aware of companies who promises you to delete an adverse payment profile.

Yes, removing yourself from the debt counselling program can and will positively affect your credit score over time, as it indicates that you have managed to settle your debts or got declared no longer overindebted by a court. However, initially, your credit score might not change significantly until your personal bureau report report is updated.

Yes, It is advisable to wait for a month or two to ensure your personal bureau report is updated before applying for new credit. This gives your credit score time to improve.

Challenges include obtaining prescription letters, obtaing a court date, obtaining compliance from creditors and attorneys, and dealing with administrative delays from credit bureaus.

This debt counselling removal process is suitable for those who have settled their debts, in the process to settle some of their accounts, has accounts that prescribed and can manage their finances independently. It may not be ideal for individuals still struggling to meet their financial obligations.