On average, the duration of debt review is typically 3 to 5 years to pay off your debt, but this depends on your specific situation. Everyone’s debt review journey is unique, so the time it takes can vary from person to person.
A few things can affect the Duration of Debt Review, such as:
How much debt you have:
More debt might take a little longer to clear.
How much you can afford to pay each month:
The more you pay, the faster you will finish.
Your commitment:
Sticking to your payments and paying extra whenever you can will help you reach financial freedom sooner.
For a detailed breakdown of the factors affecting the duration and tips to become debt-free faster, read our in-depth blog:
Want a clearer idea of your timeline? Contact us for a free debt review assessment.
