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Our Goal is to protect what you care about most
Debt Counselling is not just our speciality, its our passion. We firmly believe that it is the key to unlocking financial freedom. It is the first step to regaining control of your finances and ultimately achieving your financial goals
Our Journey in numbers
Providing comprehensive support to consumers across South Africa in overcoming debt challenges and achieving financial stability.
5
Years of extensive experience in the debt counseling industry.
5k+
Valued and trusted clientele
R44
Millions of Rand in Debt Successfully Reduced
WHY DEBT AID
Six reasons why you should choose us
Protection from Legal Action
Once you’re under debt counselling, creditors cannot take legal action against you, such as repossessing assets or garnishing wages, as long as you adhere to the repayment plan.
Reduced Monthly Payments
Debt counsellors negotiate with your creditors to restructure your debt and lower your monthly repayments, making them more manageable while still covering essential living expenses.
Single Affordable Payment
Instead of managing multiple creditors and payments, debt counselling consolidates your debts into one affordable monthly installment, simplifying your finances.
Improved Financial Management
Debt counselling provides guidance on budgeting and financial planning, helping you develop the skills needed to manage your finances effectively and avoid falling into debt in the future.
Relief from Creditor Harassment
Once you enter the debt counselling process, creditors must communicate directly with your debt counsellor, sparing you from stressful and frequent calls or emails.
Positive Credit Record Outcomes
By following the structured repayment plan, you can systematically pay off your debts, restore your creditworthiness, and work towards achieving financial freedom.
Our core
values
OUR CORE VALUES
Trustworthiness
Integrity
Customer Focus
Empowerment
Transparency
Ethical
ABOUT
All about
Debt Aid
When you choose Debt Aid Counsellors, you’re selecting a committed partner dedicated to guiding you toward a brighter financial future.
Our mission goes beyond merely consolidating your debt; we are here to empower you with the tools, resources, and personalized support needed to rebuild your financial foundation and achieve long-term stability.
We understand that navigating debt can be overwhelming, but with the right partner, it becomes an opportunity for growth and transformation.
At Debt Aid Counsellors, we take pride in creating tailored solutions that not only address your current financial challenges but also lay the groundwork for a sustainable and prosperous future. Your success is our success, and every step we take together is driven by our unwavering commitment to helping you regain control of your finances.
Our experienced team works diligently to negotiate with your creditors, ensuring manageable repayment plans that align with your budget and lifestyle. But we don’t stop there. We’re invested in your holistic financial well-being, offering ongoing support, financial education, and guidance to help you make informed decisions and avoid future debt pitfalls.
Taking the first step toward financial freedom may feel daunting, but with Debt Aid Counsellors by your side, you’re not alone. Together, we’ll transform your financial situation and bring you closer to the life you’ve always envisioned—one that’s free from the burden of debt and rich with possibilities.
Join us on this empowering journey to a debt-free life. Debt Aid Counsellors isn’t just a service it’s a community, a movement, and a trusted partner in your quest for financial independence. Contact us today and let us help you turn your financial challenges into stepping stones toward a brighter, more secure future. Your journey starts now.
SERVICES
HOW DEBT COUNSELLING WORKS
01
Apply
Online
Kindly share your information with us by completing our online contact form, and rest assured, one of our consultants will reach out to you within the next hours.
02
Financial
Assessment
Our Debt Aid consultant will assess your financial situation by reviewing your income and expenses. If it's determined that you're over-indebted, meaning your expenses exceed your income and you're struggling to meet debt repayments on time, you qualify for debt consolidation .
03
Notify
Creditors
Upon your application for Debt Counselling with Debt Aid, we will promptly inform all your credit providers and the credit bureaus.
04
Payment
Proposal
Upon receiving Certificates of Balances (COBs) from your creditors, we leverage this information to formulate a sensible repayment proposal tailored to accommodate your budget.
05
Creditor
Negotiations
Debt Aid will engage in negotiations with your credit providers to secure reductions in your monthly instalments and interest rates. Additionally, we aim to extend your repayment terms, ultimately crafting a new repayment plan that frees up more funds for your everyday living expenses.
06
Court
Application
Our specialized attorneys will initiate the application process at the magistrates court to legally establish your new debt repayment plan as a court order. Your debt counsellor will act as the applicant on your behalf, sparing you the need to personally appear in court.
Why Debt Aid?
Six reasons why you should choose us
TESTIMONIALS
What our clients are saying
I am glad to take this opportunity, and with tears in our eyes, conveying our most sincere thank you and appreciation to everybody who has helped me at Debt Aid. You are the best, you have taken us from near bankruptcy and losing everything, to becoming debt free and to have savings in the bank. May God Bless all of you who contributed to 2 pensioners being debt free today, I will never forget you.
Kim Mathews
My wife and I cannot thank you enough for what you have done for us. I was mainly to be blamed for the debt we found ourselves in. I opened up a business, took loans for the capital and when things did not work out we were in deep trouble. We were depressed and emotionally drained. Debt Aid brought peace into our lives and probably saved our marriage in the process. I will never forget what you have done for me and my family!
Roy Gold
Since I started working and earned my salary, I was so excited that did not realise I was also taking out too many loans. It got to a stage where I needed more and more loans to pay my current ones. I came across Debt Aid, who managed to lower my payments so that I can afford to pay back my debts every month. I have learned a valuable lesson now and I am better because of them.
Nela Yliuay
FAQ
You're probably
wondering...
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What is debt counselling?Debt counselling is a legal process designed to help over-indebted South Africans manage and repay their debts. A registered debt counsellor negotiates with your creditors to reduce monthly payments, ensuring that you have enough money left for essential living expenses.
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Who qualifies for debt counselling?Anyone who is over-indebted and struggling to meet their monthly debt obligations can apply for debt counselling. However, you must have a steady income to qualify, as the process requires regular repayments to your creditors.
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How does debt counselling protect me from creditors?Once you enter debt counselling, your debt counsellor applies for a court order or consent order, which legally prevents creditors from taking legal action against you, including repossession of assets or wage garnishments, as long as you adhere to the agreed payment plan.
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Will debt counselling affect my credit score?Yes, a flag is placed on your credit profile to indicate that you are under debt counselling. However, this is temporary and will be removed once you complete the programme and have settled your debts.
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Can I take out more credit while under debt counselling?No, you are not allowed to take on any additional credit while under debt counselling. This is to ensure you can focus on repaying your existing debts without accumulating more financial obligations.
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How long does the debt counselling process take?The duration depends on your level of debt and the agreed repayment plan. On average, it can take between 3 to 5 years to fully repay debts under debt counselling.
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What happens if I can’t make my payments under debt counselling?If you fail to make the agreed payments, the process could be terminated, and creditors may resume legal action to recover their debts. It’s essential to communicate with your debt counsellor if you’re experiencing financial difficulty.
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How much does debt counselling cost?Debt counselling fees are regulated by the National Credit Regulator (NCR). Costs include an application fee, a restructuring fee, and a monthly aftercare fee. These fees are built into your repayment plan to ensure affordability.
