Section 86 of the national credit act 34 of 2005 entitles an over-indebted consumer to apply at a registered debt counsellor to be placed under debt review, which is a government created managed service, called Debt Counselling. The consumer’s rights are strictly protected in terms of the provisions of the act and the consumer is entitled to a monthly reduction in debt obligations in order to ensure that essential living costs can be afforded by the consumer. Consumer rights are specifically protected by the act and entitles the consumer to a fair and reasonable debt re-arrangement plan. All fees are fixed and regulated by the NCR. Click here for fee guidelines
Our debt counsellor is registered and compliant with the National Credit Regulator debt review process. Please click here to view the registration certificate
The National Credit Regulator (NCR) was established as the regulator under the National Credit Act No. 34 of 2005 (The Act) and is responsible for the regulation of the South African credit industry. Click here to visit the official NCR website
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