Annexure B
    16.3
    Annexure B
    p. 52

    The possible reckless debt indicator needs to be completed

      The possible reckless debt indicator needs to be completed for each debt. The previous monthly debt repayments need to be taken into account when the calculation is completed. The calculation should result in a consequential increase in percentage income after tax used every month to service debt repayments.

    NDRC Practice NoteLast reviewed 2026-04

    What this means in practice

    The reckless debt indicator is a triage flag, not a finding. A flagged agreement is investigated further; an unflagged agreement is not necessarily safe from a later reckless challenge.

    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 16.3: The possible reckless debt indicator needs to be completed. Guideline 001/2015 (Debt Review Task Team Agreements 2010), p. 52.

    Related clauses

    16.1
    Annexure B
    Check that the rates applicable to the debt
    16.2
    Annexure B
    Note that contracts entered into before June
    16.4
    Annexure B
    Where the monthly debt repayments exceed the maximums, as per
    16.5
    Annexure B
    Reckless Lending Indicator
    Previous
    16.2 Note that contracts entered into before June
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    16.4 Where the monthly debt repayments exceed the maximums, as per
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    Based on NCR Guideline 001/2015, p. 52. For NDRC's interpretation and application, see our debt counselling overview. Download original PDF.