Can I apply for a home loan while under debt review?

Author
MyProperty
South Africa's #1 independent property portal

Unfortunately according to the National Credit Act it would be against the law to provide you with further credit whilst under debt review. You will have to settle all your existing debt before you will be able to apply for further credit.

It would also be advisable to have your ITC records cleared after debt review so that the banks will not decline your application in future.

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