Country’s debt counsellors in dire straits

By Tonny Mafu

Johannesburg – Delays in the finalisation of fees that debt counsellors levy on their clients have left some of them in financial dire straits.

In May the National Credit Regulator (NCR) said it was working with the department of trade and industry (dti) to come up with debt counselling fees. More…

dti needs more time to finalise debt fees

By Tonny Mafu

Johannesburg – Debt counsellors might have to wait another three months before knowing how much they could charge clients, the department of trade and industry (dti) said yesterday.

Debt counsellors have been waiting for the government to decide on the fees they can levy on their clients since the introduction of the National Credit Act in June. More…