I was under debt review and cancelled with three accounts remaining. Will my name be cleared when these accounts are no longer in arrears or do I really have to settle them first?
Thank you for your question.
Your debt review will be listed on your credit profile until a Clearance Certificate (Form 19) is issued. This can only happen when;
1. you have brought arrears up to date and are able to pay original instalments, or
2. if your debt has been settled.
So if your payments are up to date and you are paying the original instalments you can ask your Debt Counsellor to provide you with your Clearance Certificate.