The fee structure for all registered Debt Counsellors are:
1. The re-structuring fee commonly referred to, as the Debt Counsellor negotiation fee is a once-off payment, paid in month 1, equal to the first instalment that you make as per your re-structured payment plan. Maximum fee of R8,000 (single application) or R9,000 (dual application), whichever the lesser.
2. After-care Fee (Commence in the second month of instalments)All payments throughout the debt review process are being monitored, the fee for this is:
5% of the monthly instalment of the debt repayment plan for the remaining period of the debt rearrangement plan.
3. Rejection FeeShould the application be rejected a fee of R300 will be charged.
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