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. |