FindBetter Advocates for Integration of Debt-Counselling into South Africa’s Asset-Management Industry for Financial Sustainability


Posted May 14, 2025 by findbetter

FindBetter Advocates for Integration of Debt-Counselling into South Africa’s Asset-Management Industry for Financial Sustainability
 
Mar’25 – FindBetter, a leading Debt Solutions Provider, is calling for a more collaborative approach between South Africa’s debt counselling sector and the asset management industry. The firm believes that integrating these sectors could provide a significant boost to the country’s financial sustainability and long-term economic growth.
South Africa's personal debt continues to rise, with millions of citizens struggling to manage their financial obligations. According to recent reports from the National Debt Counsellors’ Association, the country’s total consumer debt has surpassed R2.5 trillion, with R70 billion to R100 billion being managed through debt-counselling programs. In 2023, debt counsellors helped clients repay around R15 billion annually. However, FindBetter advocates that a more robust relationship between debt-counselling services and the asset-management industry could increase these repayments to as much as R25 billion annually, contributing positively to the economy.
“We are at a pivotal point where strategic integration between the debt-counselling and asset-management sectors could bring tangible benefits for all South Africans,” says the PR team at FindBetter. “Debt counsellors play a critical role in guiding individuals out of financial distress, and by working more closely with asset managers, we can help individuals better protect their assets while ensuring a more sustainable financial future.”
The debt-counselling sector has already proven effective in assisting individuals, but FindBetter is advocating for policy changes that would allow SA debt counsellors to restructure additional debts, such as school fees, municipal levies, and other essential costs. By integrating these services into asset management, South Africa can create a more unified financial system that not only helps individuals pay down debt but also increases liquidity for financial institutions, ensuring long-term economic health.
With South African consumers currently repaying R70 billion to R100 billion through debt counselling, integrating these services with the asset management industry presents an opportunity to enhance consumer protection, improve debt recovery, and stimulate financial growth across the country. For more information on debt counselling, Visit our website: https://findbetter.co.za/.





About FindBetter
FindBetter is a trusted platform provider offering a clear, reliable platform to access debt solutions and explore personal loan options committed to helping individuals navigate life’s challenges with confidence. Specialising in debt counselling and personal loans, we offer tailored solutions designed to meet your unique needs. FindBetter is dedicated to supporting you in regaining control of your financial future and moving forward toward your goals.
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Issued By FindBetter
Phone 0114477511
Business Address The Piazza, Melrose Arch, 20, Melrose North, Johannesburg, Gauteng, South Africa- 2196
Country South Africa
Categories Business
Last Updated May 14, 2025