Most importantly you will not receive the so called “payment holiday” as you will need to make payments from month 1. This payment is in fact a much reduced combined instalment for all your creditors.
Debt Counselling is a tried and tested method to repay your debt in a structured way without any legal action being taken against you.
During the debt counselling process your credit profile will reflect that you are under debt counselling and you will not be able to obtain further credit until you have been rehabilitated
Thereafter you are required to make this reduced instalment in terms of the debt counselling every single month without skipping.