DCRS is a set of standard rules agreed upon by the industry that provide voluntary concessions by exclusion of certain charges, adjusting the contractual fees, interest rates and repayment terms on credit agreements that are restructured under debt counselling. The objective of DCRS is to enable the smooth negotiation and acceptance, thus improving the solve rate of proposals whilst addressing inconsistencies in debt review.

At the end of 2020, a National Industry Steering Committee (NISC) was set up to discuss apportioning the DCRS administration/running cost amongst all credit providers.

The meeting resulted in an agreement with all credit provider representatives that the cost will be apportioned according to the number and value of accounts that form part of a DCRS proposal.

This annual cost will serve to keep DCRS functioning for industry use.