South Africa’s Household Debt Crisis: Why 2026 Demands a New Financial Strategy>
The danger of rogue debt counsellors: Why a R1 million fine is a critical wake-up call for consumers. Debt review is designed to be a crucial financial safety net for over-indebted consumers seeking relief from overwhelming debt. However, recent enforcement action by South Africa’s regulatory authorities highlights the severe risks when unethical debt counsellors exploit vulnerable consumers.

