Meerkat

Meerkat was founded by a qualified actuary, David O’Brien in 2016.

With more than 20 years spent on product development, David wanted to use his experience to offer South Africans financial solutions to improve their financial well-being.

Why Meerkat was founded

David O’Brien realized that he could change the lives of countless people by offering services that would educate them on how to better manage their finances. This brought about the establishment of Meerkat.

Meerkat cares about your financial well-being

Meerkat boasts a dedicated and passionate team that is dedicated to helping you manage your debt. Their solutions are simple, affordable, and tailored to suit your individual needs.

When it comes to debt, there is no one-size-fits-all answer. Meerkat understands this and has therefore set out to provide individual-specific debt management solutions.

Meerkat empowers you to save

The service provided by Meerkat is not only to assist you with debt management but to look at life after debt. You’re more likely to incur debt when you don’t have good money management skills. Meerkat assists you to settle your current debt and empowers you to save. Savings give you a sense of financial security for the future.

Meerkat is your friend in times of need

The meerkat is indigenous to South Africa and a group is called a mob. In every mob, there’s a sentinel. This is usually the group member that watches for danger when the others are looking for food.

At Meerkat there’s a sentinel too. He’s known as Moku, the chief meerkat. He understands finances and his job is to look out for the best financial options and advice to help you prosper. He’s constantly looking for up-to-date and innovative ways for you to manage your money better.

Meerkat is dedicated to providing market-leading and innovative debt solutions.

They pride themselves on outstanding customer service and strive to treat you as part of their family. Their main goal is to assist you to become debt free and ultimately prosper financially.

Debt review explained in simple terms

Debt review is a concept that was brought about by the National Credit Act. It enables companies like Meerkat to offer you debt review services to manage your debt legally and at reduced instalments.

Your combined debt is tallied, and your dedicated debt counsellor negotiates better interest rates and terms on your behalf. The debt review process will afford you protection from legal action while settling your debt.

Is debt review the right option?

Many South Africans struggle with debt. However, when your debt becomes overbearing and getting by each month becomes harder, you might benefit from debt review.

There’s no need to suffer because of debt. Seeking help when you need it is the first step to taking responsibility for your finances.

What you can expect to pay for debt review

The debt review service costs and fees are regulated by the National Credit Regulator. The fees are included in your monthly debt repayments.

The cost of acquiring the services of a debt counsellor is equivalent to the monthly instalment that is negotiated and payable to your debt counsellor on the first month.

They offer you more than debt review

Apart from the debt review service that Meerkat provides, they can also assist you with setting up a savings plan, debt consolidation services, life insurance policies, and funeral cover. All of the services offered by Meerkat can help you to secure your financial future.