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    During Debt Review

    What happens to my gym contract during debt review?

    Gym contracts and similar service agreements are NOT credit agreements under the National Credit Act, so they are NOT included in debt review.

    You must continue paying separately:

    • Gym memberships

    • Cell phone contracts (the service/airtime portion)

    • Insurance premiums

    • Medical aid contributions

    • Streaming services and subscriptions

    However, if you have outstanding amounts OWED to a gym that has been handed over to a collection agency, this might be included in debt review as it becomes a credit obligation.

    Tip: Cancel unnecessary subscriptions before entering debt review to free up funds for essential expenses and debt repayments. Every rand saved helps you become debt-free faster.

    Expert Answer

    Provided by NCR-registered debt counsellors (NCRDC3106)

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