Reading Time: 7 minutes

The Annual Debt Review Awards Is Coming

Each year the industry waits to hear the results of the debt review industry peer review, revealing which Debt Counsellors, Payment Distribution Agents and credit providers were the highest rated.

This year, the annual Debt Review Awards falls on Friday, 18 October 2024 and you can watch all the action online live.

Why Hold Awards?

The purpose of the Debt Review Awards is to highlight all the good being done by the industry and to recognise hard work and excellence in the industry (both by individuals and by credit providers, Payment Distribution Agents and Debt Counsellors).

While it still remains challenging to identify what exactly makes a good Debt Counsellor or credit provider debt review department, in a developing industry, the industry peer reviews do reveal the educated feedback from those who deal with debt review matters every single day.

Thousands of individuals strive every day in the debt review industry to make the process work well for distressed consumers. The Debt Review Awards presents an opportunity to shine a light on those efforts.

www.debtreviewawards.co.za

If you are curious about the event, or would like to watch the event live, then the organisers invite you to head over to www.debtreviewawards.co.za for additional information, links and the livestream (from 12 noon – 4pm on Friday 18th October 2024). It is the primary source of information about the Awards.

You may be wondering about all the action that is lined up for this year’s event. What associated events are happening? How can you watch the event and what awards will be handed out.

We have all the details for you.

18th October 2024

The Debt Review Awards gala will be held on the 18th of October 2024.

The event will be held in person with about 200 guests (by invite only) and also live streamed on YouTube so everyone can tune in.

The organisers invite you to make a day of it. Let others know that your office will be unavailable as you all tune in and watch the event.

Consider holding your own internal Awards on the same day to recognise your hard working staff and colleagues. So, break out the snacks and prepare for the Debt Review Industry’s own version of the Oscars.

Subscribe to the YouTube Channel so long to receive notifications when the event goes live.

Awards Week Activities

You may be wondering about all the activities linked to the Debt Review Awards this year.

As usual, the event actually spans several days as the organisers try to give all a chance to be involved, and benefit from travelling to the Awards host city. This year the Awards are being held in Cape Town, in the Durbanville area.

Monday, Tuesday and Wednesday

Debt Counsellor and Credit Provider Office Tours

Various Cape Town based credit providers and Debt Counsellors are opening their doors to visitors. This will allow time for those who tend to only email each other, to meet face to face and discuss any burning issues or challenges in person.

Thursday

Debt Review Awards Conference in conjunction with iPDA.

With the help of payment distribution agent, iPDA, there will be a rather exciting Conference held in the Durbanville area. Seating is limited and invitations have been sent out. If you are curious about the event or would like to later watch some of the recorded content, please feel free to reach out to iPDA by messaging candice@ipda.co.za

On Thursday several other role-players will also be meeting. For example, the National Debt Counsellors Association will host the AGM and various parties will tour either credit providers or Debt Counsellors offices.

Thursday Evening

Those who are based in Cape Town and those who are travelling down to Cape Town for the Awards are invited to spend time together on Thursday evening.

With some coordinating help from DCCP, members of the industry will all be heading to a dinner venue in the Tygervalley area, not far from the Awards location.  A suitable spot has been chosen with something for every budget.

Guests as well as local Debt Counsellors and credit providers are invited to contact carel@dccp.co.za to let him know that you would like to join and spend some time getting to know people in the industry. It is a chance to get to spend time with others in a social setting, and put a face to a name.

Friday (am)

There will be some meetings between technology providers and credit providers and others on the morning of the Awards.

Friday 12 noon

Industry Pre-Show

At midday, everyone can join the livestream broadcast over YouTube.

The industry specific Pre-Show content is suitable for anyone working in the debt review industry. Department heads and senior staff in particular will benefit from the presentations, debates and discussions held as they will offer insights into industry issues.

The Pre-Show runs until the signal is switched over to the in-person event at 2pm when speeches begin.

The Awards Gala

1pm: Guest arrivals, photographs, drinks, snacks, entertainment & more. Keep an eye out at the venue for the Debt Review With Dummies crew. Several of the event sponsors and supporters will be on hand to meet and spend time with the guests for about 45 minutes before everyone is seated.

2pm: Opening Words

Speeches

Associated Awards presentations

Debt Write off with Capital Data a division of Nutun

After a short break, it will be time for some additional speeches, a presentation about the Peer Reviews and then the announcement of top rated PDAs, credit providers, the Top 5 Debt Counsellors and highest rated in various categories. This should end around 4pm.

After the live stream ends (at 4pm) guests at the in person gala will get to enjoy some snacks, drinks, chatting and relaxing. It will be a time to reflect on the results and to get to network.

Awards

There are various awards handed out on the day of the Debt Review Awards Gala. Some are a result of the industry peer review and others are done in conjunction with Sponsors & Contributors.

Rising Star Awards

This year we are excited to recognise an additional two Debt Counsellors. With the support of DCCP we will be able to share the identity of Debt Counsellors who are making strides in establishing and growing their practices.

Technology Adoption Award

With the help of Slipstream, we will announce the Debt Counselling practices that most make use of the DReX system. This encompasses both the Debt Counsellors’ use, as well as use by their clients who can log into the system and check documents and balances.

Significant Contribution to Debt Review Awards

With the help of ONE, we are able to recognise the hard work of two individuals identified during the industry peer reviews. These individuals are (1) making a difference right now to the debt review process as well as (2) have done so for many years.

Nousheen Pore Award & Attorneys Certificates

With the assistance of those who work in the legal field, two legal practices will again be recognised this year. First will be a legal practice representing credit providers and then one working with Debt Counsellors (and consumers).

Then we will learn who will take home the prestigious Nousheen Pore Award. This award was introduced last year, and is awarded to someone showing the same spirit and characteristics as the much beloved Nousheen Pore. This Award in the legal category was awarded to Cornel van Heerden of VHT Attorneys in 2023. He will be on hand to hand over the Award to this year’s winner.

Credit Provider Awards

Credit providers of various types will be announced on the day. Debt Counsellors have been weighing in on their performance and the results will reveal the highest rated in several categories.

Payment Distribution Awards

Two awards will be announced in the PDA categories. The first will reflect the ratings by credit providers and the second by Debt Counsellors.

Debt Counsellor Awards

Over 55 different Debt Counsellors will be recognised again this year. First, we will learn the names of the Top 5 in the various size categories, and then the highest rated Debt Counsellors based on the various credit provider reviews.

Top 10 Debt Counsellors

Due to the ongoing audit process this year, we are unable to announce the Top 10 Debt Counsellors in the various size categories in this issue of Debtfree Magazine.

Instead the information will soon be published on www.debtreviewawards.co.za and Debtfree Magazine will publish the names in a series of articles on www.debtfreedigi.co.za. Be sure to visit the sites in the days ahead or follow on socials to get all those details.

This year the Top 10 will be announced in the Boutique, Small, Medium, Large and National Categories. A Top 5 will be announced in the National Plus Category.

Subscribe to the YouTube Channel so long to receive notifications when the event goes live.

Join The Action

While the Debt Review Awards might not be able to identify the “best” in the business (that’s you right?), it certainly helps to identify who it is that everyone finds it best to work with.

We appreciate the time and effort of all those who participate in the annual peer reviews.

Thank you to the volunteers who make the event possible.

We also want to say a big thank you to the sponsors who donate time, effort and funds to help organise the process and gala. The expense and their efforts to help consumers identify this industry as reliable, professional and respectable is much appreciated.

Sponsors