Banks are warning their customers to be cautious of advertisements promising significant discounts on debt repayments without clarifying that they actually referring to debt review or debt counselling. While debt review can indeed help to manage debt, it also has serious implications such as losing access to credit and incur the payment of upfront fees. Lester Kiewit speaks to René Moonsamy, Chairperson of the National Debt Counselling Association.

Good Morning Cape Town with Lester Kiewit is a podcast of the CapeTalk breakfast show. 

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