Is Debt Counselling for me?

If you find yourself over-indebted without the possibility of covering this debt, don’t despair. The worst thing you could do is nothing at all.

We can help you take advantage of a process known as Debt Counselling, helping you overcome your debt while shielding you against Credit Providers who want to take legal action. As part of our service offering to you, we provide official debt assessment and counselling in accordance with the National Credit Act.

How do I know when I need Debt Counselling?

If you are not able to make your monthly payments, your bills are piling up and you don’t have enough money left to live on, then you will benefit from seeing a Debt Counsellor.

Do I qualify for Debt Counselling?

You qualify for Debt Counselling if:

You are struggling to pay your current debt on time.
You do not have sufficient funds to pay debt after your essential living expenses.
You are most likely unable to pay future debt should you acquire further credit.
The restructuring of your debt enables you to repay your debt within a reasonable period of time.

How did I get so far into debt?

Most people, at some stage of their life, have acquired debt. It’s how you deal with and manage your debt that makes the difference.

Maybe you lost your job, experienced a medical issue that resulted in a massive medical bill or you overspent on your credit cards, whichever the reason, it’s best to tackle debt early on.

What are the benefits of Debt Counselling?

The benefits of Debt Counselling are:

No additional charges to consider – Debt Counselling fees are included in your monthly repayment.
One affordable payment per month, which is lower that existing instalments.
This payment makes provision for essential living expenses so you can breathe a little easier.
The cost of this process is much less than that of foreclosure, administration, judgement and sequestration.
The National Credit Act protects you from being blacklisted (if you are not listed already).
Once the process has been initiated, your Credit Providers cannot take legal action against you for a period of 60 days.
There is a defined end date to your debt woes in sight, while you mend your credit profile.
No need for further financial stress and at the same time gain relevant debt management skills to ensure sustained financial rehabilitation.