For example
Create a condensed one-page cheat sheet for MyDebt – short, study/flashcard style:
Great! Here’s a condensed one-page cheat sheet for MyDebt – short, study/flashcard style:
📌 MyDebt Cheat Sheet
1. Overview
- SA debt management & relief service
- Helps over-indebted consumers
- Works via debt review, consolidation, negotiation
2. Core Services
- Debt Review → legal, single affordable payment, protection from creditors
- Debt Consolidation → merge debts, easier budgeting
- Creditor Negotiation → lower interest, avoid repossession/blacklisting
- Financial Education → budgeting, money management skills
3. Target Audience
- Over-indebted South Africans
- People behind on credit cards, loans, store accounts, bonds
- Facing harassment, summons, or asset loss
4. Benefits
- Legal protection (NCA)
- Affordable repayment plan
- Stops creditor harassment
- Prevents repossessions
- Path to debt-free (3–5 years)
- Debt clearance certificate at the end
5. Compliance
- Regulated by NCR
- Operates under NCA
- Licensed debt counsellors
👉 MyDebt = Legal, affordable, structured path to financial freedom in SA.