The National Act, 34 of 2005 makes provision for a new industry of debt counsellors. Thusong Debt Counsellors CC, situated in Midrand, started operating in July 2007 and run by the National Credit Regulator (NCR) accredited debt counsellors.

Consultations are about determining whether there is over indebtedness or reckless lending. Where over indebted is declared the client is placed on a Debt Review programme which entails debt rescheduling and appropriation to the creditors post living expenses. A client is pronounced cleared after repayment of all debt at the completion of the programme by the issue of a Clearance Certificate.

Thusong Debt Counsellors CC is a close corporation run by a National Credit Regulator accredited counsellors based in Midrand. We cater for the needs of individuals living and working in Midrand in particular yet generally will do call outs to employer premises any where.

Clients are placed under a Debt Review Program whose duration is governed by the length of time it takes to repay all the debts or clear them in terms of the National Credit Act, 2005 (Act 34 of 34 of 2005). Fees are negotiable and conform to the guidelines issued by the Debt Counsellors Association of South Africa.

We cater for the needs of corporates and complement Employee Wellness Programmes by offering the financial aspect of those programmes. We also train in personal financial education (preventive) and do counselling (curative) as offerings.

The Founding Member:

Ms Sisinyana Pholo is a science graduate who made a break with laboratories and joined corporate commercial firms eventually working in a stationery company she helped found. She is well grounded in call centre management, her occupation with the last employer she left to form Thusong.

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