A person who applies for registration as a debt counsellor must meet the following further requirements—
(i) |
a Grade 12 certificate or equivalent Level 4 qualification issued by the South African Qualifications Authority; and |
(ii) |
successful completion of a debt counselling course approved by the National Credit Regulator and provided by an institution approved by the National Credit Regulator. |
(b) |
Experience and Competence: |
(i) |
a minimum of two years working experience in any of the following fields— |
(aa) |
consumer protection, complaints resolution or consumer advisory service; |
(bb) |
legal or para-legal services; |
(cc) |
accounting or financial services; |
(dd) |
education or training of individuals; |
(ee) |
counselling of individuals; or |
(ff) |
general business environment. |
(ii) |
demonstrated ability to: |
(aa) |
manage his/her own finances at the time of applying for registration; and |
(bb) |
provide counselling or transfer skills. |