What is a debt counselling company?

With the National Credit Act that protects South African consumers from incurring bad debts, it became necessary to provide assistance to consumers who wished to repair their financial situations. A debt counselling company therefore exists to help consumers comply with this act, and offers a number of services related to this:

  • Performing debt review
  • Developing a payment plan
  • Negotiating with creditors on behalf of the consumer, to lower payments and interest rates
  • Protecting the consumer from legal action by the creditor
  • Helping clients retain their assets
  • Providing piece of mind for consumers struggling with debt
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DEBT COUNSELLING JOHANNESBURG | Debt counselling company