Malachi Debt Solutions (PTY) LTD. provides professional debt-counselling services to organisations and individuals.
A large portion of consumers are managing to service their debts, albeit with difficulty. Unfortunately, an ever-increasing number are no longer able to honour their obligations and are slowly but surely slipping into distress, overwhelmed by their debt burden. To make matters worse, many consumers have in dire straits made poor decisions by turning to money lenders and loan sharks which cast them even deeper into debt.
Debt and the workplace
Consumers are also employees, and employers are at the receiving end of the negative impacts of over-indebtedness. Employers need to be ready to manage the results of over-indebtedness in the workplace. Warning signs may include:
•Employees borrowing money from colleagues;
•Employees approaching employers for loans and advances;
•Stress-related illness and absenteeism;
•Lower levels of motivation due to feelings of despair and lowered self-esteem;
•Relationship problems as a result of stress, anxiety and irritability;
•Occupational health hazards and accidents as a result of lapses of concentration; and
•Unnecessary mistakes and losses due to pre-occupation with financial and related personal problems.
Our mission is to provide a service that will empower consumers to take the best possible
advantage of the opportunities a democratic South Africa has to offer, and to do so in a responsible
and informed manner. Through our service we improve consumers’ ability to manage their financial
affairs intelligently with the long term view of creating wealth for all. MALACHI DEBT SOLUTIONS is a duly
representative of the National Credit Regulator with registration number NCR DC 173.
