Pros and cons of debt counselling Lindile Sifile"> By Lindile Sifile - 03 May 2021 - 07:15 Stock photo. Image: 123RF/ ALLAN SWART For some people, debt counselling may be the only option available to get some sort of financial relief to be able to provide for their families while they settle their debts. However, like any process in which money is involved, debt review also has its pros and cons. The pros • When you are in debt counselling, you will no longer receive calls from your creditors demanding payment and they cannot take any action against you; • Your debt is consolidated into a single and reduced monthly repayment, giving you peace of mind;