KiwiDebt

KiwiDebt was established by a family in Auckland in January 2008 who saw the effects of the global financial crisis and its impact on New Zealand families.

To date, they've helped many people get their financial life back on track by working with them and their creditors to reduce their payments and alleviate their financial stress.

Privately owned

KiwiDebt is privately owned, which puts them in the position to make decisions independently, without the influence of market forces and the financial market. They are committed to helping clients find solutions to their debt problems and making New Zealand's economy successful.

KiwiDebt puts its clients' needs first

The company offers debt management to help clients get back on their feet after hard times. All payment plans are tailored to suit the customer's income schedule, and KiwiDebt does not try to make money from clients through hidden charges.

One of the first to offer online services

Before the Covid Pandemic, KiwiDebt has been assisting clients using their online platform from all over the country. This service allows clients not to talk to someone face to face about their problems, which makes the process a bit less stressful.

Clients who find themselves with no clue how to manage all their debt can ask KiwiDebt’s friendly and experienced staff for assistance with affordable debt management services.

Often, people need a bit of help to get them moving in the right direction after getting into debt consolidation is the perfect solution for those in need of support and guidance.

Debt Management

A debt management plan is a process where KiwiDebt negotiates with the client's creditors to lower the cost of their repayments. This plan is not a form of insolvency and does not stop clients from using insolvency options if they should need it in the future.

Debt Settlement

Debt settlement allows clients to ultimately settle their debt by paying off an agreed-upon amount and then closing the account. Clients who suddenly have access to extra funds can use it to pay their debt in whole or in part.

Debt Repayment Order

Clients can order a formal repayment structure under the insolvency act using a debt repayment order. This plan is usually restructured for a period of an average of three years. Clients that have less than $5000 of unsecured debt can apply for debt management to make their repayments less.