About the product
Debt counselling is a debt relief measure available to all consumers in South Africa which is provided for in the National Credit Act. The process is designed to assist consumers who are over-burdened and struggling with their debts through budget advice and negotiating with the credit providers for reduced payments and restructuring of debts. The idea is to give consumers financial power whilst allowing them to have a five year plan to settle and pay off all their debts in approximately five years
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