Services Includes
Debt Counselling
What is  Debt Counselling?

Debt counselling was formally introduced in 2007 by the National Credit Act and is a closely managed debt solution. A debt counsellor will assist a client that struggles to pay his debt by placing the client under debt review. Through debt review, the client will regain control over his finances and will be able to make monthly debt payments.


Our debt counselling process will help a client that is struggling to pay his debt by negotiating lower monthly instalments and interest rates with the credit providers. This will ensure that the client will be able to settle his debt while only paying what he can afford.


We have a high rate of acceptance when extending term and reducing interest rates with creditors. Most of our clients are usually debt free within 60 months which in itself proves that debt counselling is a highly effective way of becoming debt free.


Who Can Apply for Debt Counselling?
  • Any consumer in South Africa that is struggling to pay debt can apply. The debt counsellor will assess the client’s finances and then make a decision. Only when the assessment finds that the client cannot comfortably pay his debt, will the debt counsellor place him under debt review.
  • Only consumers with an income can apply. Any form of income will be acceptable.
Debt Review
WHAT IS DEBT REVIEW?
  • Debt Review, otherwise called Debt Counselling, is a debt relief program to assist over-indebted South African consumers. A Debt Counsellor handles the process and negotiates a new repayment plan with your credit providers. The debt still remains your own as this is not a consolidation loan.
WHAT IS DEBT REVIEW?
  • If accepted, you will be allowed to pay one easy instalment per month towards all your debt. The process will become an order of court. You will keep paying the reduced instalment for a period of up to five years or until your debt is paid off.
  • When your debts have been settled, the Debt Counsellor will issue you with a clearance certificate. After This process there will be no records of the debt review process and you will be able to apply for credit again.
  • It is important to mention that any client under Debt Review will be legally protected by the NCA. No further legal action will be allowed during the process. Credit providers will not be allowed to bother you as they will only deal with the Debt Counsellor.
Debt review removal   

It is within the right of the consumer to remove debt review process by law. All it takes is a signed letter with an instruction to be removed


At Real Debt Counsellors we will assess your financial status with the information we can gather from your Debt Counsellor if you were not under debt counselling with our company , credit report then we will compare your income and expenditure. So if you’re no longer over-indebtedor if your debt review status is  affecting your career path or economic freedom, Real Debt Counsellors is just here for your assistance. A lot of consumer are also not aware that even when a court order was obtained that you can still qualify for early termination of debt review provided that you have paid off some accounts, our legal experts will advice of the best method to remove you from debt review depending on your own individual circumstances.