What negotiated instalment reductions involve, and why creditor agreement is essential.
Debt mediation is an informal negotiation with your creditors to make repayments affordable again, without entering formal debt review.
How a reduction is negotiated
We prepare an affordability picture based on your income and essential expenses and present revised repayment proposals to each creditor. Where creditors agree, combined instalments can sometimes be reduced substantially — often towards half of the original amount — usually with a longer repayment term.
Important considerations
- Each creditor decides independently; agreement is never guaranteed.
- Lower instalments over a longer term can increase total interest paid.
- Interest and fees remain subject to the National Credit Act.
- Keep every agreement in writing.
Check your numbers first
Use our affordability calculator on the Credit Tools page to estimate what a reduced instalment could mean for your monthly budget.
CrediSure Consultings provides credit advisory and assistance services. Eligibility and outcomes depend on individual circumstances, creditor responses and applicable legal requirements. No specific result, credit score improvement, debt deletion or loan approval is guaranteed. Information on this website is general in nature and is not legal advice.