About Reliable Debt Counsellors
We are a sole proprietor owned and registered Debt Counselling
Business. We provide debt review, debt counselling and advice on lifestyle budgets under leadership and guidance of prolific business man Vincent Kotu.
As a Debt Counselling Business, We are selflessly committed to assisting all “debt stressed” South Africans who will approach us for help.
Everyone who approaches us is treated with highest integrity and confidentiality. Every client is treated like he/she is the only client of ours.
Reliable Debt Counsellors is fully compliant with all applicable legislation, regulations and statutory bodies.
Vision
Play a major role in helping over-indebted South Africans against loss of valuable
assets, and creating a happy debt free nation.
Mission
Helping over-indebted people go through a debt review process as stipulated by the National Credit Act. Watch against reckless credit granting. Rehabilitation to a
healthy and responsible credit worthiness.
Overview of our services
We investigate reckless credit granting.
We check and monitor your credit status with South African credit bureaus.
We conduct over-indebtedness tests.
We work with you to determine a budget for you.
We provide debt review, debt counselling and budgeting according to lifestyle. We offer you after care service, While you are on debt review.
We negotiate lower interest charges on your behalf.
We reduce your monthly installments into a single monthly debit order. We offer you a clearance certificate after successful debt review process.
About Debt Review
Debt Review came into effect as a result of The National Credit Act 34 of 2005(NCA) and National Credit Regulator (NCR). Debt Counselling started in 2007.
Debt Review entails the re-organisation of debt. This will involve, but is not limited to, reducing the amount of each payment expected from you by extending the period in which payment is due and/or rescheduling the dates on which payments are expected for a specified time.
Any person who is over indebted or cannot pay all his/her monthly installments in a timely manner, or after paying of monthly installments such individual is unable to afford basic necessities can approach Reliable Debt Counsellors for help.