Debt Counselling / Debt Review - What You Need to Know

As the Covid-19 pandemic has had devastating effects on the South African economy, individuals in South Africa have likely all felt the effects of the pandemic incredibly personally. On a financial level, some South Africans have taken out loans and acquired debt that they are frankly unable to pay back. Debt counselling and the debt review process is the solution - and although it's not always smooth sailing if you don't get the right partner - it's nothing to be afraid of...

Debt Counselling - Frequently Asked Questions

What is the NCA?

National Credit Act. Act prescribing rules and regulations for the credit industry and sets the groundwork for over-indebtedness and debt counselling.

Are you in debt and struggling to pay it off? Are your assets in danger of repossession? Debt counselling may be the right path for you to take. Debt counselling can reduce your debt repayments to an affordable rate so that you can pay off your debt and have money left over to pay for everyday expenses.

Is your credit score looking a bit low? Wondering what determines a good credit score in the first place? Let’s take a look at a few factors: