What does Cape Town debt counselling cost?

Once debts begin to accrue, paying off the interest and late fees can cost a fortune. Understandably, many consumers are hesitant to spend even more money on debt counselling services. However, the cost of a Cape Town debt counselling company is minimal, compared to the alternatives. A breakdown of the costs is as follows:

  • R50 is applicable at the onset, and if necessary a R300 rejection fee.
  • A restructuring fee on acceptance that will not exceed R3000
  • The debt counsellor is entitled to a 5% after-care fee, not exceeding R300 per month.
  • If the consumer withdraws from the process they will forfeit 75% of the restructuring fee.
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DEBT COUNSELLOR CAPE TOWN | What does debt counselling cost?