How Does Debt Rescue Work?
Debt Rescue is ran by experienced professionals including debt counsellors, attorneys, accountants and ex-senior bankers. Debt Counselling is a serious legal process, so it is important to ensure the counsellor you select has the necessary professional experience to help in the best way possible. Debt Rescue aims to provide the best customer service and debt management assistance in South Africa.
What Services do Debt Rescue Offer?
- Debt Review / Assessment
- Debt Consolidation
- Debt Counselling / Advice
How much does Debt Rescue charge for its services?
All Debt Counsellors’ fees are regulated by the National Credit Regulator (NCR) 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. All Debt Counsellors are permitted by the NCR to charge certain fees which include:
- A once-off Application fee of R350(excl. VAT).
- A once-off restructuring fee equal to the first month’s payment which is limited to a maximum of R8000 (excl. VAT) for a single application and R9000 (excl. VAT) for a joint application.
- A monthly aftercare fee of 5% (excl VAT) of the Debt Review payment, with a maximum of R400 (excl VAT)