Who regulates a debt review company in Durban?

Because of the sensitive legal nature of the industry and the fact that consumers who seek it out are often financially vulnerable, debt review companies in Durban are highly regulated by the National Credit Regulator and the Debt Counsellorís Association of South Africa. These organisations ensure that the debt counselling companies in each province are closely monitored and the proper procedures and codes of conduct are followed by all, to ensure the ethical treatment of consumers as well as best practices in the industry. For example, the DCASA has laid out a prescribed fee structure which all registered members must adhere to, ensuring that the consumer is never taken advantage of by unfair practices.

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DEBT COUNSELLING DURBAN | Who regulates a debt review company?