23.12.2021 Views

Debtfree Magazine issue #12 of 2021

SA's Free Magazine about dealing with debt, debt counselling, debt review and more. This month we look both back and forward as we review 2021 and what we can learn from the tough year.

SA's Free Magazine about dealing with debt, debt counselling, debt review and more. This month we look both back and forward as we review 2021 and what we can learn from the tough year.

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DEBT COUNSELLING – THE NOBLE PROFESSION

IT’S A BALANCING ACT

Stressed consumers often look to Debt Counsellors as

a knight in shining armour who can remove all their

financial woes with the wave of a wand.

This is of course, unrealistic. Rather, Debt Counsellors play a role

balancing the consumers’ needs with the credit providers’ rights while

also assisting the courts in making debt restructuring easy.

Working successfully in the industry means managing consumer

expectations and trying to maintain good relationships with those who

you sometimes have to argue against at Court. It’s a tricky balancing act.

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