Job description
Key Roles of a Debt Counsellor: Assessment: Evaluate the consumer's income and expenses to determine if they are over-indebted, as described by Nedbank. Negotiation: Liaise with creditors to reduce interest rates and extend repayment periods to make installments affordable, according to Restructuring: Create a formal repayment plan, often formalized by a court order, protecting the consumer from creditor legal action. Consolidation: Combine multiple debt repayments into a single monthly payment…