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Debt Eraser

image of Debt Eraser
image of Debt Eraser

About – Debt Eraser

With over 15 years of experience, it’s no wonder we’re the #1 Debt Review company in South Africa.

We don’t mean to brag, but since being established in 2001, we have over the years helped thousands and are still assisting client after client to get their finances in order.

We can relieve the stress resulting from debt

Debt Eraser established themselves in the market to help all the over-indebted South Africans sleep better at night, by allowing them to comfortably meet their financial commitments month after month. This means undergoing a Debt review to recondition the lifestyle of one with financial debt to financial freedom all the while retaining their most prized assets!

Key debt eraser facts

  • We are NCR approved
  • Our Financial consultants are professional and highly skilled
  • We offer a personalised service
  • Competencies in the debt review process
  • Valued relationships with multiple creditors
  • Guaranteed First class service
  • Confidentiality is a priority
  • You can make an online loan application 

Our vision

We strive to ensure that we’re always extending a helping hand to ensure our clients feel looked after when we take them through the Debt Review Process (As Per the National Credit Act, 2005) or help them attain a debt consolidation loan by ensuring their assets are retained and their financial dignity is restored.

Our values

At Debt Eraser service excellence and innovation are non-negotiable! We pride ourselves on maintaining this adage all the while delivering quality service and advice. In short, we constantly endeavour to:

  • Conduct all our encounters and processes with honesty and integrity
  • Be ideal listeners and execute solutions to the best of our ability
  • Adhere to the National Credit Regulator and Debt Counsellors Association of South Africa.
  • Remain ethical and free from discrimination at all times
  • Respect our clients by offering confidentiality with any situation brought forward

Services – Debt Eraser

From a young age, it’s constantly drummed into us, “save”, “start saving”. Sadly, however, saving has become one of the biggest challenges South Africans face.

In a country where increases are lower than inflation, the average household can’t keep up, let alone set money aside for rainy days! So what do we do with this unfortunate reality? We spend… and we do it on credit with credit cards, personal loans and more… and that’s where our services come in.

Free financial assessments

Let Debt Eraser’s qualified consultants guide you through every step of this daunting yet necessary process with a free assessment of your finances.

Settle with debt settlements

When your debt’s accumulated and it’s reached the point of beyond control - consolidate your debts! Let us reduce the stress that you’re getting used to feeling and get all your debts settled in a way you can afford.

Free legal and financial consulting

Everything is legal, therefore both parties – consumers and creditors are obliged to abide by the law when it concerns matters of debt. We’ll ensure the protection of our clients’ rights throughout.

Our guarantee:

As a client of Debt Eraser, you’ll experience the satisfaction that goes along with our goals to ensure families around the country get back the freedom they once lost due to debt. With around the clock support all day and all year, our staff are there to lend a helping hand with all your debt requirements.

Our solutions of debt counselling mean you get to experience the joyful benefits as follows:

  • Free and confidential assessments
  • Loan consolidation
  • An affordable monthly repayment
  • Slashed interest rates and fees to your creditors
  • Legal protection from creditors
  • A clean slate in the world once declared debt free
  • A clearance certificate to the credit bureau.

Summary of Services

  • DEBT Consolidation
  • DEBT Finance
  • DEBT Clearance


Debt Eraser’s mission goes beyond the call of duty!

At Debt Eraser we have what we like to call a “10-point guide” that defines what it means to us to provide the best solution for each of our clients.

Point 1 - Spread the News – To do so by running advertising campaigns across social, print and digital media that will cover both general and specific solutions, ensuring all South African’s without discrimination have access to sound debt counselling and advice.

Point 2 - Assessment Is Key – To assess the financial situation at hand for over-indebtedness and proceed by offering a solution that will benefit both our clients and the respective creditors.

Point 3 - Let’s Negotiate – To allow for a negotiation with credit providers on everything from interest on personal loans to credit card cancellation that enable term extension and slash interest rates on newly proposed agreements.

Point 4 - That’s an Order – To attend court to ensure that the newly proposed credit agreement is approved by the Magistrate’s Order.

Point 5 - Your Home – The Magistrate’s Order will cover protection to a client’s most prized possession – their home. We take every precaution to ensure that this asset is retained

Point 6 - Take Care Now – To offer aftercare sessions that assist by educating clients on budgeting and financial planning. Fulfilling an understanding of Banking Fees, Insurance, and shopping behaviour is also a paramount part of the process for later on.

Point 7 - Active Management – To manage the client’s income by ensuring that they are able to not only afford the monthly repayment but to maintain this affordability during the consolidation plan, while still maintaining a reasonable lifestyle.

Point 8 – Time to Consolidate – To identify fitting solutions to consolidate the debt and where possible assist with cutting interest rates.

Point 9 - Transparency – To provide full disclosure of how we aim to rehabilitate our clients and settle their creditors, and all information will be accessible during aftercare sessions.

Point 10 - Now that’s a Record – To guide and maintain a favourable credit record for our clients, and where required - assist to restore our client’ well-being and good ratings at the credit bureau.


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 Contact Details

183 Klaarwater Rd, Shallcross, Durban, KwaZulu-Natal, 4093, South Africa
Ph: 031 409 1255
Fx: 086 665 1917
Em: info@debteraser.co.za

 Opening Hours

  • Monday 07:30 – 17:30
  • Tuesday 07:30 – 17:30
  • Wednesday 07:30 – 17:30
  • Thursday 07:30 – 17:30
  • Friday 07:30 – 17:30
  • Saturday 07:30 – 17:30
  • Sunday Closed –