Company Information

Get to know ONEDEBT

Founded in 2009, ONEDEBT is a debt counselling company registered with South Africa's National Credit Regulator (NCRDC1781). The company's mission is to assist over-indebted South African consumers by providing a path to financial stability. They achieve this by assessing an individual's financial situation, negotiating with creditors for reduced payments, and consolidating all debt repayments into a single, affordable monthly installment under the legal protection of the debt review process. ONEDEBT is part of the OneLaw group of companies.

Industry

Financial Legal ServicePRIMARY
Financial Other Service

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ONEDEBT

South Africa

Founded in

2014 (12 Years)

Founded

Last online: No recent activity

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Markets.com

(327 reviews)

United States

2008

(18 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.