What is the role of a debt counselor?
A debt counselor helps over-indebted consumers to
restructure their debt. If you are unable to service the monthly repayments on
your credit agreements, you can request the assistance of a debt counselor to
restructure your monthly repayments with your credit/service providers.
A debt counselor can also assist you with basic financial
planning skills, such as drawing up a budget. It is recommended that you only
request assistance from a debt counselor who is registered with the National
Credit Regulator.
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