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Rent and Debt Review

Questions & AnswersRent and Debt Review
Brenda Lang asked 2 years ago

My question is as follows. Whilst on debt review can I apply to rent an apartment?  In this case, should the bond payment no longer be relevant to pay?

1 Answers
Matthys Potgieter Staff answered 2 years ago

Thanks for the question.
 
You can apply, but there are no guarantees that you will be approved for the rental place. We can talk to the rental agent on your behalf if needed.
 
As debt counsellors we make provision for your rent on a monthly basis. There is really no risk to the rental agent. Your bond repayment should be included in the debt review. If you are able to rent out your owned property it could generate additional income which could accelerate your debt repayments.
 
Have a great day.