RandCash
D Legal

Debt Counselling

Debt Counselling
Formal debt relief under the NCA — a registered debt counsellor negotiates with your creditors to lower your monthly repayments. The court protects you while you're under review, so creditors can't garnishee or repo your stuff. It helps, but it nukes your credit file for years.

Usage Examples

"Thandi was drowning — R2,500 to Nedbank, R1,800 to Capitec, R900 to a clothing store, plus taxi fare and rent. A debt counsellor in Durban reduced her total to R3,200 monthly by getting creditors to lower interest and extend terms. Breathing room."

"Bongani went to a registered debt counsellor in Johannesburg with five debts totalling R145,000. The counsellor got them restructured: R3,500 monthly for five years instead of R6,800 for three years. Sure, he paid more interest overall, but he actually survived."

"Nomsa tried to avoid debt counselling — thought it was 'admitting defeat.' But after being garnisheed by two creditors, she registered with a counsellor in Pretoria. Within weeks, court protection stopped the garnishment and her creditors negotiated better terms."

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