How long is the Debt Counseling process?

A consumer remains under Debt Counselling until a clearance certificate is issued by a debt counsellor and this clearance certificate is issue only when:

DebtMap, works around a repayment period of 5 years as prescribed on the national guidelines. However, the actual time for which a consumer spends under Debt Counselling depends on how much extra money the client is willing to put towards his or her debts, the level of debt and interest rates payable. It is important to note that consumers are allowed to make extra payments towards their debt counseling to shorten the time spent under debt counseling.

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