What should be excluded from debt review:
- Life insurance
- Rentals
- Short term insurance
- Pension backed loans
When should a home loan be included
- Applicant is main payer
- Sole owner
When should student loan be included
- Studies completed
- Loan directly from bank
What is it called when rehab is increasingly yearly to ensure repayment
Annual Escalations
On what accounts do we always offer 80%
Vehicles
Home loans
IEMAS accounts
When was a task team set up to identify blockages
2010
Comment on rental expenses
- Possible to go cheaper
- Move closer to work
Comment on private education
- Consider less expensive ed.
- Apply for subsidized or exempted school fees
Comment on landline/cellphone
Multiple not necessary
Switch to less expensive contract
Comment on tobacco/cigarettes
Reduce but not suspend
Comment on DSTV
Downscale contract
Entertainment
Reduce substantially
Groceries min and max budget
R800-R1500
Cellphone min and max budget
R100-R500
Bank charges min and max budget
R50-R300
Min installment
R2995
Main goal of debt review
Obtain court order for legal protection
FinFix ticketing system
Freshdesk
