• Are your Accounts in arrears?
• Too much Debt You cant Pay?
• Do you have no money left after pay and you cannot make ends meet month to month?
• Do you feel you don’t have control of your finances and your Income is LESS than your Expenses?
• Do you buy basics and Groceries with Credit/ credit cards?
• Do you have Debt-Stress? And have Sleep-less nights?
• Is your Health and life at risk due to Debt –Stress?
• Are you Forever Borrowing money from friends and Colleagues?
• Are you receiving and Avoiding Private Numbers Calls and Demanding Letters?
• Are you receiving Threats of SUMMONS, GARNISHES, and REPOSSESIONS OR BLACKLISTING?
• Has your valuable Assets (Cars, houses, furniture) being  or about to be REPOSSESSED?
• Are Debt Collectors Bullying you?
• Is your marriage or relationships taking up financial toll that leads to breakdowns.

If you answer YES to any 3 or more of these questions, you are probably Over-Indebted and may need Debt Counselling!

Remember, Your debt will not go away on its OWN! You either Pay it off or Manage it, and here at Good Life Debt Counsellors, we will gladly help You to Manage it!

You DON’T need an additional Cash Loan or Personal Loan to manage your DEBT!

• We will negotiate a lower repayment on your behalf with your creditors.
• We will arrange that all your repayments go through one debit order per month thus saving you bank charges on multiple debit orders.
• We will ensure that you do not get black listed. However, your name will be flagged under “Debt Review” with the credit bureaus.
• We will ensure your essential living expenses are catered as priority during an assessment, so you can afford necessities (food, transport, school fees, insurance and life policies, etc).
• We will ensure that your personal details is kept safe so no one except direct stake holders.
• We will Protect your valuable assets (House, Vehicle and furniture) from repossession.
  
  

" 100% peace of mind, Good Life Debt Counsellors have assisted me and my wife to have peaceful sleep from Debt Stress that has been bothering us for a while. My wife has been unemployed for a while and i Just couldnt keep up with our debt obligations considering that almost everything is so expensive now, my family was going through a lot. No more harrassing phone calls, demanding letters and most importantly i still have my car that was nearly reposessed, Imagine paying a car for nearly 3 years only to be taken away! Lebo is very patient and understanding, she made us feel that its not a shame to have debt problems and there is an answer and help with Debt Counselling, I cant stop telling all my friends,collegues and family about Good Life Debt Counsellors" Mr PZ Hlatyayo Garankuwa " Im a single Mom and making ends meet from month to month was a nightmare for me,as those irritating calls and Demanding letters kept flowing in, I just became Stressed and numb without any hope of help,infact I was under performing at work, I found myself not having interest in anything including my child, I took as many cash loans as i could untill I couldnt qualify for any,not knowing i was digging deeper into my dark debt hole. A family of mine introduced me to Good Life Debt Counsellors,The Debt Consultant was flexible to meet me after work and meet me closer to my workplace as I couldnt even afford to get to their offices, She was so understanding, transparent and knowlegeable about what she does.

Everything including Debt Counselling process was explained to me and she always updates me with my application process.I now know how to leave within my budget and how to save .. I wish lots of people would take actions about their debt problem sooner and not shy away from the help in Debt Counselling. I recommend Good Life Debt Counsellors,they are more than just Debt Counselling...they do Care! Its true when they say 'Life is Good Without Debt', I have financial freedom now" Ms DF Maditla Garankuwa ;

1. Administration-Garnish Order: it is a legal process, where the instalments are reduced, but creditors only receive payment every three months and the term of repayment is much longer than under Debt Counselling. Debt must be less than R50 000 to qualify.

2. Liquidation/Sequestration: is a legal process where assets are sold to try and lessen the debt and the Court will appoint somebody to manage your finances. This is costly and you will be blacklisted for 30 years or until the Court decides you are rehabilitated.

3. Debt Counselling: is a legal provision made by the National Credit Act 34 of 2005 of NCR to assist consumers who are unable to meet their financial obligations by the required payments deadlines. The objective is to assist the consumer to afford their living expenses whilst paying their debt on monthly bases on a negotiated lower re-payments with Creditors. To put the interest of both Consumer and Credit Providers at need, without discriminating the other.

• Home-Loans (Bonds)
• Vehicle finance
• Credit cards
• Store cards
• Bank Overdraft
• Furniture accounts
• Cash and Personal Loans from micro-lenders
  
  

Yes. The costs are very low if you apply through a debt counsellor. We at GL Debt Counsellors charge only R50.00 to compile and to submit an application for you. The other Debt Counselling Fees will be provided from the Restructuring plan and charged according to NCR Structure, so you don’t have to get additional money from friends to pay us, This is still good news.

If you enquire here you qualify for a FREE assesment valued at R50.00

• Step 1: Complete the contact form below and we will call You for an Assessment at your convenience. You bring all the necessary documents and only pay R50.00for the application.
  
  
•  Step 2:Once you qualify, we will immediately inform your creditors and Credit bureau to protect  you from further legal actions, and we have 60 days to negotiate lower affordable repayments on your behalf.
  
  
•  Step 3: During negotiations, we will make recommendations with your creditors on payments and  they may accept the recommendation with informal consent orders, but if not accepted, we will request formal consent order from Magistrate court on your behalf.
  
  

South African Debt Stress Analysis
According to National Credit Regulator and the latest Credit Bureau Circular
1. The number of consumers who have applied for Debt Counselling has risen to over 200 000 to date Since June 2007.
2. Average of over 7000 New Consumers apply for Debt Counselling Every Month and its likely to increase!
3. As End June 2010, Credit Bureau has records of over 18.32 Million credit-active consumers.
4. Good standing credit record Decline to 53.1% (9.73 million consumers) from first Quarter of 2010!
5. Impaired credit records Increased to 46.9% (8.59 Million consumers), means deterioration of 212 000 consumers quarter on quarter and 739 consumers year on year!
6. Adverse listings contributed more in this category as compared to the categories of 3 or More months I arrears and Judgments.
7. Over 7000 Vehicles and over 2000 Houses are repossessed Every Month