Difference between a Debt Counsellor and a Debt Collector
Focus on one being a formal debt management solution, whereas the other is more of a collection on one outstanding account.In South Africa’s financial landscape, this distinction is not just important; it’s life-changing. Yet despite being regulated under...
4 Common Misconceptions About Debt Counselling in South Africa
Debt counselling was introduced as part of South Africa’s National Credit Act (NCA) in 2007 to provide over-indebted consumers with a structured path out of financial distress. Despite being available for over 15 years, this legal debt solution remains widely...
Debt-Free Living in South Africa: Your Guide After Debt Counselling
Clearing Your Name After Debt Counselling in South Africa Here’s how it works: Your debt counsellor should send your clearance certificate directly to the credit bureaus. The credit bureaus are responsible for removing the debt review flag; they have up...
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