Employee debt relief

Guided by expert advisers and fulfilled by trusted partners, making it quick and easy to solve life’s financial challenges with confidence.

Financial stress is a silent crisis affecting millions of South Africans. When employees are burdened with debt, they can’t perform effectively at work.

Providing your employees with a robust financial well-being offering can enhance productivity and improve profitability for your business.

Once you sign up for the solution, your employees will also have access to free educational workshops, tools and resources to enhance their financial literacy and help them stay on track.

For the full list of services, download our brochure.

Help your employees improve their financial health and reap the benefits of a more productive and engaged workforce. If you are an existing client, contact your consultant. Alternatively send an email to: afPlus@alexforbes.com.

We have partnered with a provider to assist employees in managing and alleviating their debt. Their comprehensive solution comes at no cost to you, and includes the following services:

  • A free financial health and credit report assessment
  • Credit report fix which includes the removal of judgments, default listings and reckless lending
  • Investigation and removal of garnishee orders
  • Negotiating with creditors to reduce debt, where possible
  • Simplifying multiple debts into a single, manageable payment with a consolidation loan, among others.

Frequently asked questions

Is there any cost to the fund or employer to implement the solution?
No, there is no cost to the employer. The employee covers all the costs if they take up any products with the provider.
Why is a payroll agreement required?
The payroll agreement unlocks special terms and discounted fees on products and services taken up by the employee. It also enables our provider to assist all employees who are over-indebted and struggling to make monthly repayments.
Is there any recourse to the employer if the employee resigns?
No, there is no recourse to the employer if the employee resigns.