Financial Services - Debt Counsellors
Financial Services - Debt Counsellors may not recommend any reductions in medical aid, insurance or assurance. Where an expense appears exorbitant the Debt Counsellor should refer the consumer to a FAIS approved financial planner. If the Debt Counsellor gives advice in this regard without being appropriately registered with the Financial Services Board, he may face prosecution for contravening FAIS.
NDRC Practice NoteLast reviewed 2026-04
The debt counsellor's monthly aftercare fee and the PDA's distribution fee are permitted line items in the affordability worksheet. Both are capped by the NCR fee schedule (NCR Circular 02/2017 as amended).
Anchor: NCR Debt Counselling Fee Guidelines, currently NCR Circular 02/2017 read with subsequent amendments.
Drawn from NDRC's active case work. For your situation, see our debt counselling overview.
Cite this clause
National Credit Regulator. (2015). Annexure B — Debt Review Assessment Guidelines, clause 7.1.20: Financial Services - Debt Counsellors. Guideline 001/2015 (Debt Review Task Team Agreements 2010), p. 42.