To apply for debt help (debt review, debt couselling) fill in the contact form below:
Debt is a serious problem in South Africa. So much so that the Debt Counsellors’ Association of South Africa (DCASA) was launched in 2010 for South Africans who find themselves in debt.
However, South Africans can also find themselves managing their debt better and as such can go on to borrow and take on credit through other instruments. This website goes to lengths to find loans for blacklisted people through service providers.
You can also contact the National Credit Regulator (NCR). They are responsible for the regulation of the South Africa’s credit industry and are tasked with carrying out education, research, policy development, registration of industry participants, investigation of complaints, and ensuring the enforcement of the National Credit Act.
The Act requires the regulator to promote the development of an accessible credit market, particularly to address the needs of the historically disadvantaged, low-income earners, and remote, isolated or low-density communities.
The NCR is also tasked with registering credit providers, credit bureau and debt counselors who offer debt help.
- Website: www.ncr.org.za
- Call centre: call centre 0860 627 627
- Email firstname.lastname@example.org to lodge a complaint about credit providers and bureaux.
- Click here for Debt counselling: you may apply to a debt counsellor to be declared over-indebted. See the NCR’s Consumer Assistance section.
The NCR also has put into effect the fees that a debt counsellor can charge and rarely go over R 3,000. This is determined by your household income, so be sure to ask how your fees were determined.