09/01/2019
1. Debt Counselling is a solution for over-indebted borrowers that ensures sufficient protection against loss of assets and assists with the restructuring of debt so that the consumer can meet his / her basic living expenses.Debt counsellors negotiate with your credit providers on your behalf to arrange an affordable repayment amount.
2. The purpose of a Debt Counselor is to provide a solution to enable the client in meeting his / her basic living expenses. The purpose of a Debt Counselor is to provide a solution to enable the client in meeting his / her basic living expenses.
3. All credit agreements with credit providers.
This includes:
Secured Debts:
a. Home Loans,
b. Vehicle Finance
Unsecured Debts:
c. Credit cards,
d. Store cards,
e. Personal loans
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