Annexure B
    1.3
    Annexure B
    p. 27

    This assessment of the consumer’s financial position

      This assessment of the consumer’s financial position is an important step in the Debt Counselling process for two reasons:

      a) It determines if the consumer is over-indebted as specified in the NCA;

      b) It determines the amount available to repay the debt. This amount holds the key to the success of the Debt Counselling process as:

    • It will determine how long the consumer will remain under Debt Counselling;
    • It will determine the basis for the proposed repayment plan.

    NDRC Practice NoteLast reviewed 2026-04

    Legal context

    The financial-position snapshot must reflect the consumer's circumstances at the date of the assessment. A snapshot older than ninety days will be challenged on the grounds that affordability is by definition forward-looking under NCA s 79.

    Drawn from NDRC's active case work. For your situation, see our debt counselling overview.

    Cite this clause

    National Credit Regulator. (2015). Annexure B — Debt Review Assessment Guidelines, clause 1.3: This assessment of the consumer’s financial position. Guideline 001/2015 (Debt Review Task Team Agreements 2010), p. 27.

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    Based on NCR Guideline 001/2015, p. 27. For NDRC's interpretation and application, see our debt counselling overview. Download original PDF.