6 facts about debt counselling
Jul 31, 2020
3 minutes
BY LETITIA WATSON
IT FEELS as if you’re drowning in debt. You’ve fallen so far behind with your repayments you have no idea how you’re ever going to catch up. Debt counselling can help. A qualified counsellor draws up a repayment plan for you to cover your monthly debts while still affording your living expenses – but you’re not allowed to incur new debt. Also, creditors may not repossess your assets, giving you breathing room to
recov1 HOW IT WORKS
Debt counselling is a formal process regulated by the National
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