Most debt review applicants are white individuals
Debt Counselling News: A survey completed by one of the largest debt counselling companies in South Africa has shown that the majority of debt review applications are being completed by white males. Of the 10000 applicants surveys by Consumer Assist, almost two thirds were men and a large majority of them were white. Only about [...]
Why Debt Counselling is a better option than Insolvency
Debt Counselling is a relatively new service introduced to help consumers who are struggling to manage their monthly debt responsibilities. The service helps consumers by restructuring their repayments, and renegotiating the interest rates on the outstanding debts. The main benefit of approaching a debt counsellor as opposed to declaring yourself insolvent is that your assets [...]
Debt Counselling Saves Client Over R1mil
Debt Counseling: Despite thousands applying for debt counselling every month, many still doubt whether the process is actually helping consumers. Any doubts about the effectiveness of debt counselling and debt consolidation should be put to rest after reading about this story. Andre Snyman, managing director of Consumer Assist, explains how one of their clients managed [...]