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Debt Review School

There are currently only 3 Payment Distribution Agencies that are allowed to handle the payment side of debt review for consumers.

    • DC Partner PDA
    • Hyphen PDA
    • iPDA

These PDAs are officially registered with the National Credit Regulator.

PDAs accept a single payment towards debt from consumers (sometimes called a consolidated payment), and then split up that payment into smaller chunks and pay the right amount, to the right account, with the right reference number, on the right day for consumers. 

They report on the payments (in statements), keep good records and proof of every payment.