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We earn management fees on the assets we manage and are not commission driven and offer longterm  solutions that are tailor-made. We welcome active participation of clients in the management process.TK Wealth Management is registered as credit provide with National Credit Regulator (NCR). The repayments on our Payday loans are in line with NCR guidelines.

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TK Wealth management financial planning management advisors must have access to an objective content repository. This repository must contain a current and readily available profile of the clients’ holdings.TK Wealth management aims is to assist clients around Gauteng in achieving and maintaining their financial independence. Our services include financial planning, debt conselling and loan assistance services

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TK Wealth Management Debt Review process and how you can benefit.  

The National Credit Act 34 of 2005 came into full effect on 1 June 2007. The Act was designed to regulate the credit industry and to protect the consumer.
More importantly, there is provision for the Debt Restructuring of consumer’s monthly budgets in the event of Over-Indebtedness.
In terms of the Act, all Debt Counsellors are regulated by the National Credit Regulator (NCR), a department within the Department of Trade and Industry.
Being over indebted simply means your expenses are greater than your monthly income. In other words, you cannot afford to pay all your debt.
That’s where we come in. If you are over indebted, you are legally entitled to apply for Debt Review.

TK Wealth Debt Review Process 
  1. We will send you an assessment form (Form 16) that you should complete and fax back together with the documents requested on the check list. Once your completed application and all documents have been received, we will be able to conduct an assessment to verify your financial situation. We will contact you by telephone or arrange an interview to discuss your assessment in more detail.
  2.  We will notify all Registered Credit Bureau’s and Credit Providers on your behalf to list you as having applied for Debt Review thereby ensuring that no more actions can be implemented against you, provided that you honor your payment arrangements.  
  3. For the next 60 working days you have protection under the National Credit Act and also up until the Courts have ruled on this matter. No creditor can take any further action against you. Your assets are safe. This means they may not take legal action against you and may not call or contact you to harass you to pay them! If they do, simply refer them to your Debt Counsellor. Don’t sign any forms or hand over anything.  
  4. The debt counsellor will act as a mediator between yourself and all your creditors. We will draft a proposal on your behalf, showing your new reduced payments per month. This proposal will be based upon your own individual circumstances and what you can afford. This proposal will be sent to all your Creditors if your Creditors agree to this proposal we will obtain a court order that formalizes this new reduced payment schedule.  
  5. The first month you pay no one except the agreed amount to the Debt Counsellor. The second month you will start to pay the Payment Distribution Agency (PDA)  
  6. You will be required to pay the reduced amount in terms of the new payment schedule to a Payment Distribution Agency (PDA) for the period until the proposal is approved by all your credit providers. A debit order at your new bank needs to be implemented in favour of the PDA for the new reduced payment.
  7. This will allow you to pay your creditors, while meeting your daily financial commitments. You will continue to make payments to the PDA until all your debts are settled. Included in this payment will be the relevant Legal Fees to have the Debt Review processed through the courts.  
  8. Once all your debts are settled, we will issue you with a Clearance Certificate and will notify the Credit Bureaus of your status. 
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