Are you struggling to keep up with monthly payments? In this video, Sandton Debt Counselling explains exactly what Debt Review is and how it protects South African consumers.

Debt Review is a legal process designed to save your financial future. We consolidate your debt repayments into one affordable monthly installment and negotiate with banks to reduce your interest rates. This gives you immediate legal protection from creditors and much-needed breathing room to cover your living expenses.

Chapters: 0:00 What is Debt Review? 0:05 How Restructuring Works 0:10 Negotiating Lower Interest Rates 0:15 Legal Protection Benefits 0:24 Contact Sandton Debt Counselling

Key Benefits Covered: ? Instant legal protection from creditors. ? Reduced monthly installments & interest rates. ? One simple payment plan you can trust.

Contact Us: ???? 087 550 11 22 ???? help@sandtondc.co.za ???? Learn more about what Debt Review is: https://www.sandtondc.co.za/articles/what-is-debt-review/ NCR Registration: NCRDC3360

#debtconsolidation #debtfree #licensedinsolvencytrustee

These companies appear in Canada every few years, usually during a recession. Many of them originate from the U.S.

They’ll spend money on huge advertising campaigns, take people’s money and then go out of business before leaving Canada.

Personal finance expert Seth Godwin explains how these companies operate.

“Life just happened. My debt got to the point where I started to feel like I was drowning. I didn’t feel like I could fix it on my own, and I wanted to start living my life as an adult without debt. I decided to reach out for help. At the end of my first meeting feeling relieved, that everything was going to be ok – a lot of work – but ok. I had a plan to pay back my debt and continue doing the things I love to do like Yoga and travelling.” – Yasmine

https://www.nomoredebts.org/stories

When you learn NOTHING after filing bankruptcy, this is how you end up $92,000 in debt all over again. In this video, we break down one of the wildest post-bankruptcy debt stories on the internet: $92,589 in total debt just six years after bankruptcy, nearly $3,976 in monthly minimum payments, and roughly $1,800 every single month going straight to interest.

From new car loans to high-interest credit cards, Klarna, Affirm and Bread furniture financing, Upstart, Upgrade, and Avant personal loans, and lifestyle spending that never actually stopped, this is a real-world example of how debt cycles repeat when the root problem isn’t fixed. Bankruptcy wiped the slate clean, but the spending behavior stayed exactly the same.

We walk through the real math behind credit card APRs, why minimum payments keep people trapped for years, how debt consolidation loans often make the situation worse, and why “building credit” means nothing if spending is out of control. This video also breaks down debt-to-income reality, convenience spending, instant gratification, and how small financial decisions compound into overwhelming debt over time.

This is personal finance commentary meant to help you avoid the same mistakes, because the future version of you always pays the price. If you’re trying to pay off debt, rebuild after bankruptcy, stop overspending, or finally escape the minimum payment trap, this breakdown will hit hard — but it’s necessary.

????????????????????????
Comment below: Do you think bankruptcy actually helps people, or does it just delay the consequences when spending habits don’t change?

Chapters:
00:00 Filed bankruptcy… back in debt again
00:27 Two car loans total $41,216
00:56 Affirm/Bread + Upstart/Upgrade/Avant loans
01:21 Comments roast: “You learned nothing”
02:24 $3,900 minimum payments… $1,800 interest
03:01 Minimum payments vs principal explained
03:43 She considered filing bankruptcy AGAIN
04:18 “Used credit to buy a house” reality check
06:14 Breakdown of monthly minimum payments
07:20 The true cost of staying on minimums
07:40 Root cause: instant gratification spending
08:14 Eating out is the real problem
09:36 Bankruptcy should require rehab/classes
11:03 Viral backlash + debt snowball plan
11:40 Tax refund + side hustles to fix it
12:51 Future-you working overtime for past spending
14:31 “Affirm will handle it” is NOT a budget
16:19 Income isn’t the problem—expenses are
18:19 Debt snowball: dozens of small balances
19:52 Waffle House pay breakdown
21:04 Bills + rent + phone costs
23:44 79 accounts after bankruptcy
24:25 “Bankruptcy was a get out of jail free card”
26:10 Spending first, bills later = debt cycle
27:19 Loans to pay cards ? run cards up again
28:23 New cars after bankruptcy explained
31:28 Grocery delivery while 90K in debt
34:29 28–35% credit card APR after bankruptcy
35:26 “Instacart costs too much” + gift card plan
36:01 Final takeaways + reality check

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Buying a home in South Africa is already tough — but what if you’re on debt review or struggling with a poor credit score?
Most banks will decline your bond application immediately, but that doesn’t mean your dream of owning a home is over.

In this video, we give you a clear roadmap to buying a property while on debt review or after completing debt review.

? What you’ll learn in this video:

Why debt review stops you from getting a home loan today

How long debt review usually lasts and what happens after

Steps to rebuild your credit profile after clearance

Why paying off a single outstanding account can make all the difference

How to plan now so you can qualify for a bond in the future

How the First Home Finance subsidy can boost your affordability when you’re ready

???? At The Property Guys, we help South Africans navigate the challenges of bond applications, credit scores, and government subsidies. Our goal is simple: to help you get the keys to your first home.

???? Related Links:
???? Subsidy Calculator: https://www.thepropertyguys.org/subsidy-calculators
???? Contact Us: https://www.thepropertyguys.org/contact-us

???? Have you (or someone you know) been through debt review? Share your story in the comments — it could help someone else on their journey.

#DebtReview #CreditScore #HomeLoansSA #FirstHomeFinance #SouthAfrica #ThePropertyGuys

—

?? Disclaimer

Disclaimer: This video is for educational purposes only and is based on factual information. It should not be considered financial advice. Always consult a registered financial advisor or credit consultant before making financial decisions.

? *FREE TRIAL* To make our classes and budgeting app *more affordable*, we bundled them together for an *80% DISCOUNT* and for this month only, you can try DollarWise Central for *free* – check it out here and change your life: https://dollarwise.com/dollarwise-central/

?? CONFRONT HER- her attraction to me is… weird, so I have to fully address everything. Watch the post-show, watch here: https://www.youtube.com/channel/UCLe_q9axMaeTbjN0hy1Z9xA/join

???Download the *DollarWise Budgeting App* today: *Apple:* https://apple.co/4iChGhr *Google Play:* https://bit.ly/sb-googleplay Don’t overcomplicate this crap! All you need is an automated / SIMPLE budget.

???? *AND REMEMBER* those who sign up for DollarWise Premium *annual* get a signed version of the Cook Book, just submit proof of purchase here: https://tally.so/r/3xzPq5

?????Download the *DollarWise Budgeting App* today: *Apple:* https://apple.co/4iChGhr *Google Play:* https://bit.ly/sb-googleplay

?????? Watch this episode’s *POST* *SHOW* + get *MORE* Financial Audit here: https://www.youtube.com/channel/UCLe_q9axMaeTbjN0hy1Z9xA/join

___________________________________________
?EDUCATION:

1. Get your own free Hammer Financial Score: https://www.calebhammer.com

2. Get all of my educational programs for a much lower cost here, including the premium version of my budgeting app: https://dollarwise.com/dollarwise-central/

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1. *I’VE MOVED MY INVESTMENTS TO WEBULL* do the same and transfer to my investing app of choice here: https://www.webull.com/k/Caleb and you get: *Cash bonus of $200 – $30,000* depending on initial funding amount, up to 8.1% APY, and up to 3.5% IRA Match.

2. Checking & Savings: Get up to $500^ before payday when you sign up and set up direct deposit. No credit check. No interest*. No mandatory fees: https://clickurl.ca/caleb-mypay

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7. Online security: Protect your online privacy and security NOW and for free by following my link Aura: https://aura.com/hammer

8. Get an exclusive HighLevel 30-day trial: https://gohighlevel.com/calebhammer

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Chapters:

00:00 Intro

___________________________________________
?More Content

1. Financial Audit Follow-Ups here: https://www.youtube.com/@financialauditfollowups

2. Caleb Hammer Livestreams: https://linktr.ee/calebhammerlive

3. Livestream Cutdown VODs: https://www.youtube.com/@livecalebhammer
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?EXTRA

1. My socials: https://stan.store/calebhammer

2. Want to be a guest on Financial Audit? We film weekdays in our studio in Austin, Texas (in person only)! To apply, visit: http://calebhammer.com/apply
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?*Some of the links and other products that appear in this video are from companies for which Caleb Hammer will earn an affiliate commission or referral bonus. This is not investment advice.

?Sponsorship and business inquiries: business@calebhammer.com

Clearing debts can be difficult, which is when you may find yourself resorting to a debt management plan. But the trouble is that a debt management plan can also affect your mortgage choices. Read on to learn all about getting a mortgage with the debt management plan and what to consider when applying for one.

???? Link in bio

Please reach out to our mortgage advisors for any more queries.

“As a mortgage is secured against your home/property, it could be repossessed if you do not keep up the mortgage repayments”.

#dmpmortgage #debtmanagementplan #badcredit #badcreditmortgage #mortgage #lendingline #uk #fyp