A summarized debt re-arrangement proposal, which
A summarized debt re-arrangement proposal, which must include:
a) For each agreement, the position prior to debt restructuring, including the4 date of each agreement, the original amount of credit advanced; the original term; the current outstanding balance; the remaining term; monthly repayment obligation; annual interest and fees as per the C.O.B;
b) The repayment terms of the proposed restructuring of each agreement, including repayment amount (and any future escalations) and term; and
c) For each agreement, the effective interest including any fees which the credit provider will earn over the remaining term of each agreement, given the proposed repayments over the remaining term of the agreement.
NDRC Practice NoteLast reviewed 2026-04
The summary page lists every credit agreement, the original instalment, the proposed instalment and the new term in one view. Credit providers use this view as the first sense check before drilling into the per-account amortisation.
Drawn from NDRC's active case work. For your situation, see our debt counselling overview.
Cite this clause
National Credit Regulator. (2015). Annexure C — Minimum Debt Counselling System Requirements, clause 2.2.1: A summarized debt re-arrangement proposal, which. Guideline 001/2015 (Debt Review Task Team Agreements 2010), p. 57.