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Debt Counselling Business
Debt counselling business is the process of helping indebted consumers by providing protection against creditors that wish to take legal action.
This business serves people who want to pay off credit cards, loans, mortgages and take control of their finances.
There are over one thousand debt counsellors in South Africa.
● Debt consolidation and credit counselling services business;
● Nonprofit debt counselling company;
● Debt management online course business.
Tools & Equipment
In a few words, debt counselling companies negotiate with creditors on behalf of the debtors to resolve debts that are beyond their customers’ ability to pay.
No special tools are required to start and run this business, but you are required to get approved by the National Credit Regulator (NCR).