What Will It Cost?

It is important to know exactly what the process will costs you. Debt Counselling South Africa does not charge any upfront fees. We do not charge for providing information or a quotation. We are willing to help you find out more at no charge. If you decide that you do seriously want to get out of debt and make use of the debt review process to do so then we will provide you with a detailed quotation before we begin work. Standard Fees for the Debt Counselling Process Application Fees (we do not charge this fee) An application fee R50.00 Read more…

How Long Will It Take?

Each person’s financial and debt situation is unique. This means that your plan may only take a few months or it may take a few years. Many plans these days are made over 60 months as this normally allows most people time to pay off their debt and it helps limit risk to their credit providers. Debt Counselling South Africa will give you a detailed plan based on your unique situation which will lay out how much you will pay each month, which credit providers will be paid in those months, when it is expected that each credit provider will Read more…

When Can I Get New Credit?

After the debt review is over and once all your credit providers are paid up you will be able to access credit again as normal. During the debt review, however, your focus will be on paying off debt, not getting new debt. The goal of the process is to get rid of your debt and learn to live without the stress and pressure of owing lots of people money. Once your debts are paid off Debt Counselling South Africa (with the assistance of the National Credit Regulator’s Debt Help computer system) will notify all credit bureaus that you no longer Read more…