Debt Counselling Company
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0871 501578
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Fee Structure 

 

2008 Fee Structure for all Government approved Debt management Counselors in South Africa.
These fees are subject to change according to current legislation by the National Credit Regulator.

 

1. Application Fee:

R50 + VAT + any bank charges
(Bank transfer: R57)
(Cash deposit: R72)

This is for your initial assessment and placing you under the Debt Review program.

Lifeline Debt Solutions
DO NOT CHARGE YOU AN UPFRONT FEE.

2. Initial Fee

Once we have completed your application we will be able to establish whether you are over indebted or not, and inform your creditors accordingly.

At this stage we will access the amount you are able to pay towards your creditors on a monthly basis.
Your monthly payments will be made to a government appointed Central Distribution Agency. There will be an initial set up fee.

This fee will vary depending on the size of your monthly payment but will not exceed R3000 + VAT. (R4000 + VAT for Joint Applications)

3. Ongoing Fees

5% of monthly payments to the Central Distribution Agency will be charged to a maximum of R300. And thereafter it will reduce to 3% in year three

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