Newsletter • Quarter 2 • 2026
When Your Debt Gets Too Much
What is debt counselling?
Many people borrow money at some point in their lives. This may be for a home, car, school fees, or to help during difficult times. But sometimes debt can become difficult to manage.
Debt counselling is a legal process that helps people who are in too much debt. A registered debt counsellor deals with your credit providers and helps arrange a more affordable repayment plan.
Debt counselling can result in:
lower monthly repayments,
- reduced interest rates,
- and one monthly payment instead of many.
It may help you:
protect your income for basic living costs,
avoid pressure from creditors,
and make your debt easier to manage.
Financial well-being is also about healthy money habits
Buying things you cannot afford, gambling, emotional spending and unnecessary loans can all lead to stress and debt. Small changes, support, and better financial habits can help you regain control.
Before applying for debt counselling
you cannot apply for more credit while under debt counselling,
there are legal fees involved,
and it may take longer to pay off your debt.
Getting help early can make a big difference.
Taking control of your debt starts with one SMALL step.
START NOW!