Debt counselling has helped many South Africans regain financial stability. If you are struggling to keep up with multiple debt repayments, this process restructures what you owe into a single, manageable repayment plan that fits your financial situation, so you don’t fall deeper into arrears. You will be working with SA debt counsellors throughout. These professionals negotiate with your creditors to reduce and reorganise your monthly payments, giving you much-needed breathing room while you work toward becoming debt-free.
What exactly is a debt counsellor?
Only registered SA debt counsellors can legally provide you with debt counselling. To make sure that you’re working with a reliable professional, check whether they’re registered with the National Credit Regulator (NCR) and follow the rules set out in the National Credit Act (NCA).
Their main responsibility is to review your financial situation and reorganise your debt into a repayment plan you can realistically afford. With their help, you can ease financial pressure while protecting your income and important assets.
Free debt assessment
When you go into debt review, the process usually begins with a free assessment. SA debt counsellors will review your credit profile and listen to your financial goals so they can understand your overall situation.
They will also look closely at your monthly income and expenses, along with your existing debt, to calculate a lower repayment amount that you can realistically afford. Once they have a clear picture of your finances, they will recommend a debt solution that fits your circumstances.
Combining your repayments
With debt counsellors, you don’t have to negotiate with the creditors on your own. They do that on your behalf to restructure your payment terms.
In many cases, they can combine several debts into one affordable monthly payment. This can lower the interest you pay and make the debt easier to manage. While you remain under debt counselling, creditors cannot harass you or take legal action to claim assets like your house or vehicle.
Ready to talk to a debt counsellor?
With Find Better, you can start your debt counselling as soon as your next payday. You can request a free assessment from their NCR-registered SA debt counsellors through their website or call 021 892 0150 to get started.
About FindBetter
FindBetter is a trusted platform provider offering a clear, reliable platform to explore personal loan options and access debt solutions, committed to helping individuals navigate life’s challenges with confidence. Specialising in debt counselling and personal loans, we offer tailored solutions designed to meet your unique needs. FindBetter is dedicated to supporting you in regaining control of your financial future and moving forward toward your goals.
