Debt Review Awards Show 2022 | Summary
The annual Debt Review Awards 2022 were held on Friday 30th of September. Golden Piggy Banks were awarded to credit providers, PDAs and Debt Counsellors.
The 9th Annual Debt Review Awards were held at the end of September and the best performing* Debt Counsellors, credit providers and payment distribution agents were announced.
This year, as with the last 2 years, the Awards were streamed online (primarily over YouTube). Around the country, at Debt Counsellors’ offices and credit providers’ debt review centres, hundreds of employees and staff gathered in front of screens to find out the results. There were shouts of joy and groans of disappointment as the results were announced and the top performers identified.
The event was attended primarily by the nominees from across the country and some of the event sponsors who generously helped cover the costs. View the event sponsors HERE
The show got underway at 1pm with the online preshow and then switched over to updates from the venue. Guests mingled in the afternoon sun on the rooftop garden at Pier Place in Cape Town CBD.
Speeches and presentations began shortly after 3pm with a welcome from Schalk Bezuidenhout and then host for the day Mr Zak King (our Editor).
After a word from the NCT Chairperson, Mr Trevor Bailey guests were able to enjoy a documentary about how far debt review has come since its inception.
You can watch the 13 minute documentary below:
The Debt Review Awards are also partners with ONE (insurance providers) and Slipstream Technology (Software service provider) to award the hard work of individuals who work within the industry for their efforts – known as the Significant Contribution to Debt Review awards as well as the Debt Counsellor who not only has adopted use of the DReX platform but also whose clients are making use of the system to get updates on their matters and documentation.
This year the Debt Review Awards | ONE Significant Contribution to the Debt Review Process award went to:
Timmy vd Grjip | VDGC
This year the Debt Review Awards | ONE Significant Contribution to the Debt Review Process awards went to:
Ansie Greef | iPDA
This year the Debt Review Awards | Slipstream Technology Adoption award went to:
Eugene Cilliers | PayPlan Solutions
Winners
You may be wondering which credit providers, Payment Distribution Agents and Debt Counsellors took home the Awards. There was a mix of familiar and new faces this year. If you would like to know which Debt Counsellors were nominated as the Top 10 in the 5 different size categories this year you can check HERE
PDAs
The Awards in the PDA categories were split between DC Partner PDA (who took home the Award as reviewed by Debt Counsellors) and Hyphen PDA (who took home the award as reviewed by credit providers).
Credit Providers
Various credit providers of various types scooped up awards this year in the 8 different categories. This included a new category announced in this year’s process which is aimed at identifying the highest rated credit provider debt review department overall (independent of product house).
Wesbank was identified as the top rated Vehicle Finance credit provider while ABSA took home a golden Piggy Bank Award in the home loans section. African Bank walked away with 2 Awards including the new award category.
For a full list of all the results visit www.debtreviewawards.co.za
Debt Counsellors
This year there were first time winners in the 3 smaller categories and repeat winners, from past years, in the larger categories.
The large category went to the Debt Counsellors of the Debt Therapy practice who are headed up by the hard working and current President of the Debt Counsellors Association of South Africa, Mr Reinhard Pettenberger. They have consistently been in the Top 5 for several years and took the Award in 2019.
The top spot of the day went to repeat winners DebtBusters. They also took the Award home last year. The DebtBusters practice has a very large number of NCR registered Debt Counsellors who work together to service a large portion of the consumers under debt review in South Africa. They have taken the hotly contested award several times over the last 9 years. Others who were highest rated in the category were Debt Rescue, NDA, NDC and Vantage.
For a full list of all the results visit www.debtreviewawards.co.za
The event was fun for all who attended in person and online with the hybrid model giving more people than ever access to the program.
The organisers say they will now “consult with the industry to look at ways to further refine the process” as they move toward their 10th year.
* as rated by industry peers
