D Legal

Debt Review

Debt Review
Another term for debt counselling. Once you apply for debt review, you are flagged at credit bureaus and cannot take on new credit until you have completed the process or a court removes the flag.

Usage Examples

"While under debt review, you cannot open any new credit accounts or take out new loans."

"He completed his debt review after three years and his credit record was cleared."

Ready to Apply?

Now that you understand the terms, take the next step and apply for a loan today.