Welcome to ITC Clearance

ITC Clearance (Pty) Ltd is a credit repair & debt mediation business that specialises in reducing your monthly debt instalments, removing adverse listing & improving your credit scores with Transunion, Experian, XDS & Compuscan.

Independent Total Credit (ITC Clearance) - is independent and not linked to any of the credit bureaus or creditors. We strives to protect the rights of ordinary consumers and guide on ways of improving your credit ratings.

With consultants country-wide you can trust on our excellent service! Offices in Bloemfontein, Pretoria, Johannesburg, Pongola, Durban, Nelspruit and more to come. We also have consultants in Welkom, Port Elizabeth, Amazimtoti, Pietermaritsburg and Outshoorn.


Debt Mediation

  • Lower you monthly payments

Stop Blacklisting

  • Stop judgements, defaults, trace alerts, administration, debt review & sequestration

Credit Checks

For R150 you get a comprehensive credit report with:

  • Your personal details
  • Your Credit Score
  • Your Accounts Data
  • A telephonic or face-to-face consultation to do an assessment & propose a plan
  • Our debt repayment & personal budget calculators
  • Different payment scenarios that show interest saving
  • Note that we cannot proceed to offer any possible solution without doing an assessment from your credit report. Our competitors charge R200 - R500 for this service

Debt Mediation Benefits

  • No consolidation loan is necessary!
  • Pay an affordable monthly instalment!
  • Have sufficient funds for living expenses!
  • You get immediate relieve - no waiting period!
  • You cannot be turned down!
  • You adverse listings will be updated!
  • Pay only 60% of your current instalments!
  • Keep up to 40% of your income for living expenses!
  • Keep your assets!
  • Instalment amounts are reduced!
  • Repayment periods get extended!
  • Judgement amounts get discounted!
  • No more hassles with debt collectors!
  • No more letters of demand!
  • No legal fees!
  • Judgements amounts get discounted!
  • This process takes only 30 days!

 We work with several partners in the credit environment to get you relieve!

  • Credit providers
  • Estate agents
  • Vehicle dealers
  • Furniture store sales people
  • Debt collectors
  • Insurance agents
  • Loan originators

Debt Mediation

Debt Review/Debt Counselling

X

Fee - only 60% of your current installments once-off

Fee - 40 to 70% of your current installment

X

Legal fee - none

Legal fees - varies from case to case

X

Monthly management fees - R199 for 24 months

Monthly management fees - up to 9.2% of the monthly installments  including the distribution fees for the duration of the period your are under debt review

X

Pay all your debt

 

Pay all your debt

 

No debt written off

 

No debt written off

 

Interest is not cancelled

 

Interest is not cancelled

 

Garnishees will remain

 

Garnishees will remain

 

No Court procedure - No legal costs

Magistrate Court procedure or no court procedure

 

No Debt cap

 

No Debt cap

 

Credit bureau - You are not listed on the credit bureau

Credit bureau - Must pay-off all debt before being removed or must withdraw from debt review

X

You can still get new credit if you can afford it.

You cannot get new credit for as long as you are under debt review

 

Money is distributed directly from your bank account to the creditor - there is no middleman

Money is distributed by the payment distribution agency

 

Keep your car and property.

If property or cars are not paid - you will lose it - if you cancel debt review you must immediately pay 50-80% of the arrears or loose the property or car.

 

 

 

"We do not perform miracles. We work in the confines of the law."