2018 Winners
The results in the 2018 industry wide peer review reveal which firms are rated well by their peers within the industry in various categories. Companies review the performance of those on the opposite side of the industry and are tabulated to find out who was the most highly rated.
There are thousands of credit providers in South Africa. Each of these firms needs to have the ability to facilitate debt review for their clients. The largest credit providers deal with debt review matters every day. This year debt counsellors took the time (30 min on average) to review and rate credit provider debt review departments. There was also a new distinction made within the banking category between dealing with secured credit and unsecured credit.
Short Term Credit Provider
Winner: Wonga Finance SA
Retail Credit Provider
Winner: Consumer Friend (on behalf of their clients in this category)
Large Non-Bank Credit Provider
Winner: Old Mutual Finance
Vehicle Finance Credit Provider
Winner: MFC (a division of Nedbank)
Bank: Secured Credit
Winner: Investec Bank
Banks: Unsecured Credit
Winner: African Bank
Most Improved Credit Provider Debt Review Department
The Most Improved Credit Provider Debt Review Department this year was identified by Debt Counsellors taking part in the peer review as:
Capitec Bank
The Payment Distribution categories are split between Payment Distribution as reviewed by credit providers and by Debt Counsellors.
Payment Distribution As Reviewed By Credit Providers
Winner: Hyphen PDA
Payment Distribution As Reviewed By Debt Counsellors
Winner: Hyphen PDA
This year, we were happy to consider Debt Counsellors in 5 different size Categories (2 more than in 2017) namely: Boutique, Small, Medium, Large and National. In addition to the Winners, the Top 5 Debt Counsellors in each category were identified.
Top 5 Debt Counsellors
Boutique Debt Counsellors
Top 5 in alphabetical order:
- Alan Manshon – THE MONEY CLINIC
- Amanda Johnson – ALGOA DEBT CARE
- Suzanne Pretorius – DEBT SOLUTIONS
- Trevor Armfield – DIVERSE DEBT COUNSELLORS
- Zelda Erasmus – CONTROL DEBT
Winner in this category:
Alan Manshon -THE MONEY CLINIC
Small Debt Counsellors
Top 5 in alphabetical order:
- Andre Carelse – AC DEBT COUNSELLORS
- Awie Coetzee – SA DEBT HELP
- Drene Venter – DEBT AID
- Karl Schweidler – WYNLAND DEBT COUNSELLOR
- Shaun Zeelie – MASTER YOUR MONEY
Winner in this category:
Awie Coetzee – SA DEBT HELP
Medium Debt Counsellors
Top 5 in alphabetical order:
- Annemarie Marais – DRS QUEENSTOWN
- Eugene Cilliers – PAYPLAN SOLUTIONS
- Judy Knoetze – CREDIT MATTERS (KLERKSDORP)
- Liana van Wyk – DEBT WISE GROUP
- Morne Olivier – FREEDOM DEBT COUNSELLORS
Winner in this category:
Morne Olivier – FREEDOM DEBT COUNSELLORS
Large Debt Counselling Practice
Top 5 in alphabetical order:
- CONSUMER DEBT HELP
- CONSUMER WISE
- CREDIT MATTERS
- DEBT THERAPY
- ZERO DEBT
Winner in this category: Consumer Debt Help
National Debt Counselling Practice
Top 5 in alphabetical order:
- DEBTBUSTERS
- DEBT RESCUE
- NATIONAL DEBT ADVISORS (NDA)
- OCTOGEN
- PIONEER DEBT SOLUTIONS
Winner in this category: Debtbusters