Balo Group

Balo Group Balo Group is an independent financial consultant & an authorised financial service provider. standard of living.

Motheo Debt Counsellors is a fully registered organisation with the national credit regulator (NCR). We are mandated to deliver and carry out the legal obligations of the ACT 86 (7)(c) of 2005 that refers to over-indebtedness. The law makes provision for licensed counselors to remedy over indebtedness and rehabilitation of such consumers. South African economy continues to slow down, the depreciat

ion of rand (ZAR), exchange rate hike, coursing the reserve bank to also increase lending interest rate to central banking unit and ultimately such economic suppression negatively affecting domestic prizing and subsequent increase in consumer’s spending budgets, such as food prices, fuel, Levis and so forth
And given the above economic dynamics, consumers find themselves at the receiving end with dilemma in finding a balance between maintenance of Debt’s vs. It is our objective to bridge the gap; we understand that such imbalance can affect one’s financial wellbeing. Customers often find themselves robbed off their hard earned money by illegal loans charges, fees and or illegal garnish orders on their payslips and all sort of behaviors out in the market, well, that is why we are here. we also offer the following financial services to protect our clients against such

We do:
- Debt mediation
- Loan Auditing
- Garnishing auditing
- Admin orders audits

Selling your property and you want your money as in yesterday, we can assist you.
21/05/2024

Selling your property and you want your money as in yesterday, we can assist you.

Take up a loan against your paid up property
21/05/2024

Take up a loan against your paid up property

Early pay day with our invoice discounting.
21/05/2024

Early pay day with our invoice discounting.

Easy, affordable & hustle free process
20/05/2024

Easy, affordable & hustle free process

What are some of your money spending habits?
30/10/2017

What are some of your money spending habits?

12/09/2017

A timid exit from recession in the second quarter of this year and falling inflation may spur the Reserve Bank to cut interest rates later this month for the second time in five years.
The economy slipped into recession after contracting .07% in the first three months of 2017, but slight improvements in the manufacturing, utilities, retail and wholesale trade and mining sectors since then would have led to growth of around 2%, economists said this week.

06/09/2017

Debt rehabilitation.
We all need financial freedom.

19/07/2017

National Credit Act 34 of 2005,
(Section 103(5)) refers to "In duplum rule"

So, what is "In duplum rule"? There is prescribed maximum fee that can be charged by debt collector (on credit agreement). However, such fee cannot exceed principle debt. E.g. You borrowed R1000, only R2000 in total can be collected - All costs, interest, fees, collections & so forth, cannot exceed principle debt (R1000 in this case).

Are you a victim?
Engage us more, we can help you.

Ditch your debtHow about that dream holiday destination?Let us take care of your debt, while you live a little
04/02/2017

Ditch your debt
How about that dream holiday destination?
Let us take care of your debt, while you live a little

It's a new yearDitch your debts and start living again. We can help you, contact us.
04/02/2017

It's a new year
Ditch your debts and start living again. We can help you, contact us.

What are some of your money spending habits?
08/01/2017

What are some of your money spending habits?

Want to ditch your debt? Start by paying off your higher-interest facilities first, like credit cards or personal loans....
08/01/2017

Want to ditch your debt? Start by paying off your higher-interest facilities first, like credit cards or personal loans. It’ll save you money in the long run and can help you get out of debt more quickly.

Address

43 Birchwood Court
Midrand
1686

Opening Hours

Monday 09:00 - 17:00
Tuesday 09:00 - 17:00
Wednesday 09:00 - 17:00
Thursday 09:00 - 17:00
Friday 09:00 - 17:00

Telephone

+27812725215

Website

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