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Are Car Instalments Included in Debt Review

Questions & AnswersCategory: Debt ReviewAre Car Instalments Included in Debt Review
Anonymous asked 3 years ago

Hi.
Can car instalments be part of debt review or is it just certain debts?

1 Answers
Matthys Potgieter Staff answered 3 years ago

Hi there, 

Thank you for getting in touch. 

Yes, car instalments, fuel and car maintenance does form part of the debt review repayment plan. Keep in mind however that it will depend on the value of your car and the number of cars you own. If need be, you might have to sell non-core vehicles, or at least downsize to a more affordable vehicle. 

Have a great day.