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Opting for Debt Counselling

If you are feeling overwhelmed and feel that debt has taken over your life, don’t despair. Download the below information pack which contains an info graphic that will give you a better idea of the debt counselling process and how we can we can help you obtain debt relief.
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Debt review task team agreements

Debt review task team agreements Debt Review Task Team Agreements PDF Download
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Debt Review Information Pack (Download PDF)

Are you unsure of the debt review process. Download the debt review process information pack which provides a high level overview of the steps to follow.
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Debt Free - A car is not an asset: buy with your head, not your heart

Second to a house, a car is mostly likely the average person’s largest debt. Not all of us live within walking distance from work, or if we do, it might not be safe. In today’s society, a reliable car is a necessity. However, if you are…
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Stuck in Personal Debt?

Stuck in Personal Debt? Daily lifestyle tweaks that will help! If you are trapped in personal debt, ignoring the problem won’t make it go away. Instead, it will only worsen your financial troubles. Many (if not most) of us are creatures of…
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The dangers of using a credit card

The dangers of using a credit card Nowadays, credit cards are nothing out of the ordinary: many people even have a few of them. This reality is, of course, with good reason. It is true that a credit card offers many advantages. For example,…
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The Power of Buying Second Hand

The Power of Buying Second Hand In today’s tough financial times, everyone is struggling to make ends meet. Many people dismiss second hand buying without a second thought, losing out on a powerful, untapped savings solution. Second hand…
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Debt Review – How it works - Part 1

You may be wondering what debt review or Debt Counsellor is. Well, here’s a brief explanation: Recently a new Act was made into law called the National Credit Act (the NCA). In the NCA (which talks all about credit and credit accounts) there is a section (Section 86) which deals with what to do if a consumer has too many debts, too many obligations and not enough money to pay for everything. This section specifically mentions something called debt counselling. Debt Counselling would be advice about your debt from a qualified debt counsellor. A Debt Counsellor would be registered with the National Credit regulator (who is an industry watch dog – of sorts.)
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Debt Review consumers complain about harassment

It seems that over 2000 consumers feel they have been harassed by the banks while under debt review. The number is undoubtedly higher however this petition did not receive support from the Debt Counsellors Association of South Africa ( DCASA)…
Debt Review – How it works - Part 3
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Debt Review – How it works - Part 2

A New Budget: The Debt Counsellor will also help the consumer set a new budget for household expenses since this is often totally overlooked by consumers. It is very important that consumers then stick closely to this suggested budget amount…