On receipt of all the Credit Provider responses within
- I. Credit Providers who have consented to the repayment plan to benefit from the effects of cascading as well as annual payment escalations agreed with the consumer.
- II. Credit Providers who have not consented to the repayment plan will receive the amount allocated to them in the repayment plan as well as annual payment escalations agreed with the consumer, subject to the other requirements of the NCA.
- I. Indication of accepted proposals with a request of confirmation through a consent order.
- II. Indication of non-accepted proposals.
- III. Repayment plan for non consenting Credit Providers based on the amount allocated to the non consenting Credit Provider and any other NCA requirement.
- IV. Repayment plan based on repayments excluding the effect of cascading and escalation.
- V. A clause to indicate that released affordability will be applied to Credit Agreements where Credit Providers have accepted the proposals with voluntary rate and term concessions.
- VI. A clause to indicate that annual increase in repayments agreed by the consumer will be applied to all Credit Agreements.
- VII. A clause to indicate that all relevant provisions of the NCA including s 103(5) are to be applied in determining the settlement date and total repayable amount due by the consumer of each credit agreement.
On receipt of all the Credit Provider responses within the prescribed 10 business day period, the DC should:
a) Record acceptance and non acceptance of proposals.
b) Generate a final repayment plan as follows:
c) A summary repayment plan to including the effects of (b) to be submitted to Credit Providers as an indication of expected repayments. This will include the effect of cascading and annual increases agreed by the consumer and would simultaneously be submitted to the PDA to replace the interim payment plan with the final payment plan to be implemented under the consent agreement.
d) A proposed payment plan to be submitted to Magistrate Court to include the following:
e) Should the Court approved repayment plan differ from the previously loaded PDA plan (with reference to non consenting Credit providers) the Debt Counsellor should load a post Court repayment plan on the PDA. Credit Provider
NDRC Practice NoteLast reviewed 2026-04
Once all credit provider responses are in, the debt counsellor consolidates them: accepted proposals go to consent order, rejected proposals go to opposed application. Partial acceptance is treated as opposition for the rejecting creditors only.
Drawn from NDRC's active case work. For your situation, see our debt counselling overview.
Cite this clause
National Credit Regulator. (2015). Annexure A — Debt Review Process & Conduct Provisions, clause 2.3.10: On receipt of all the Credit Provider responses within. Guideline 001/2015 (Debt Review Task Team Agreements 2010), p. 18.