Company Information

Get to know Debt Movement South Africa

Debt Movement is a registered Debt Counsellor (NCRDC3345) based in South Africa, dedicated to assisting consumers struggling with debt. The company's primary service is debt review (also known as debt counselling), a formal legal process established under the National Credit Act. Their mission is to provide a path to financial recovery by consolidating clients' debt repayments into a single, affordable monthly installment. This process includes negotiating with creditors on the client's behalf and providing legal protection against asset repossession and legal action from creditors for the duration of the debt review.

Industry

Financial Legal ServicePRIMARY
Financial Other Service

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Debt Movement South Africa

South Africa

Founded in

2020 (6 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

Security Information :

FSCA

FSC

ASIC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.