Debt review is a process in South Africa that is designed to help individuals and households who are struggling to manage their debts and make ends meet. The process involves working with a debt counsellor who will assess an individual's financial situation and determine a plan to help them pay off their debts. This plan may include negotiating with creditors to reduce interest rates or monthly payments as well as providing individuals with guidance on how to budget and manage their finances more effectively. Debt review is an important tool for helping people in South Africa to get back on track financially and avoid bankruptcy.

Money and debt are significant issues in South Africa. The country has a high level of income inequality with a significant portion of the population living in poverty. Many South Africans struggle to make ends meet and may resort to borrowing money to cover their expenses. However high interest rates on loans and credit can make it difficult for people to pay off their debts leading to a cycle of financial stress and difficulty. The government has implemented various measures to try to address these issues including financial education programs and regulations on lending practices. However, the challenges of money and debt remain a significant concern for many South Africans.

A debt review calculator is a tool that helps individuals in South Africa to understand their financial situation and determine if debt review is the right solution for them. It allows you to input your income, expenses and debts to see how much you can realistically afford to pay towards your debts each month. By using a debt review calculator you can get a better idea of what your debt repayment plan would look like and how long it would take to pay off your debts. This can be a valuable resource for anyone considering debt review as a way to get their finances back on track.