All Debt Counsellors’ fees are regulated by the Financial Services Regulatory Authority (FSRA) and are included in your affordable debt repayment plan.
Your monthly Debt Review payment amount is specific to your situation and how much debt you have in total. As Debt Counsellors are permitted by the NCR to charge certain fees which include:
- A once off Application fee of R350(incl. VAT).
- A once off restructuring fee equal to the first month’s payment which is limited to a maximum of R5500 (incl. VAT) for a single application and for a joint application.
- A monthly after care fee of 2% (incl. VAT) of the Debt Review payment, with a maximum of R250(incl VAT)