Your
Debts
Specialists
OUR COMPANY
GENERATIONAL WEALTH
At Generational Wealth Debt Solutions, we are passionate and committed into helping fellow South Africans regain their financial freedom and access back into the credit market. We deeply understand the frustrations and obstacles that comes with debt, our ultimate mission is to provide transparent, reliable and affordable debt management solutions tailored to your financial needs.
WHAT IS DEBT REVIEW?
Debt review (also known as debt counselling) is a legal process introduced in South Africa under the National Credit Act (NCA). It is designed to assist individuals who are over-indebted and struggling to meet monthly financial commitments. It also involves working with a registered debt counsellor who assesses your income, expenses, and debts. They negotiate with your creditors to reduce monthly payments and create a repayment plan tailored to your financial situation. The goal is to protect your assets and help you regain financial control all while shielding you from legal action or repossession.
OUR SERVICES
WHAT WE DO
Debt
Mediation
Debt mediation is a negotiation service that aims to make your monthly debt repayments more affordable. A neutral third party intervenes between you and your creditors to negotiate better repayment plan, such as reduced instalments, extended repayment periods, or even lower interest rates.
Debt Review
Cancellation
Debt Review Cancellation refers to withdrawing from the debt review process once your financial situation has changed, your debts are settled. Ultimately we aim to show that the client can now manage their own debt obligations or have completed the debt review process and wish to obtain a clearance certificate.
Prescribed
Debts Removal
We help with removing debt that has not been paid or acknowledged for over a period of 36 months or more, this process is regulated by Act 68 of 1996 that supports (“removing”) a debt from your name because it has been legally prescribed – meaning it is too old for a creditor to collect on, provided certain conditions are met.
CPA (Credit Profile Assessment
We offer a Comprehensive 4-in-1 Consumer Credit Report that combines all your credit information retained by the four major South African based Credit Bureaus such as TransUnion, Experian, XDS and VeriCred. From that report we then conduct an analysis on your profile to identify which services you need to repair your credit profile and increase your success rate on your credit applications.
OUR PROMISE
We are committed to walking with you on your financial journey with honesty, care, and respect. Whether it’s accessing personal loans, repairing your credit, or securing vehicle finance, we promise to provide transparent, reliable, and confidential services that put your needs first. Our goal is to empower you with the right solutions and guidance, helping you rebuild, grow, and achieve lasting financial freedom.