Thuso Debt Relief by StokFella is here to help Stokvel members break free from the shackles of short-term debt. We understand the strain debt places on your finances and your community. Through collective power and smart negotiation, we can help you move towards a debt-free future.
Debt Negotiation
We work with reputable licensed debt relief experts to significantly reduce your outstanding debts.
Manageable Repayments
You commit to manageable repayments back to the stokvel, strengthening its capital.
Collective Power
We use your stokvel's savings good behaviour to grant your stokvel an affordable loan that settles the reduced debt, freeing you from immediate financial strain.
Stokvel Growth
As your debt shrinks, your stokvel's potential for growth expands, benefiting the entire community.
Debt Negotiation
We work with reputable licensed debt relief experts to significantly reduce your outstanding debts.
Manageable Repayments
You commit to manageable repayments back to the stokvel, strengthening its capital.
Collective Power
We use your stokvel's savings good behaviour to grant your stokvel an affordable loan that settles the reduced debt, freeing you from immediate financial strain.
Stokvel Growth
As your debt shrinks, your stokvel's potential for growth expands, benefiting the entire community.
Use our calculator to see how much returns you can make per member helped, while your individual member’s debt can be reduced by up to 50%...It’s a powerful win-win!
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The impact of Thuso Debt Relief extends beyond just settling debts; It promotes a healthier financial ecosystem within the stokvel. Members, relieved of crippling debts, can contribute more effectively to their stokvels. This not only strengthens the individual's financial position but enhances the stokvel’s overall savings, catalysing growth and shared prosperity.
This ripple effect ensures that financial liberation isn't just for the few but benefits the entire community, which is our purpose at StokFella; to empower collective growth and success!
The impact of Thuso Debt Relief extends beyond just settling debts; It promotes a healthier financial ecosystem within the stokvel. Members, relieved of crippling debts, can contribute more effectively to their stokvels. This not only strengthens the individual's financial position but enhances the stokvel’s overall savings, catalysing growth and shared prosperity.
This ripple effect ensures that financial liberation isn't just for the few but benefits the entire community, which is our purpose at StokFella; to empower collective growth and success!
StokFella is a social FinTech platform designed to empower stokvels by providing a secure, streamlined, and efficient way to manage and grow collective savings. Our platform offers features such as digital stokvel accounts, financial education resources, and opportunities for shared ownership in income-generating assets.
To qualify, you must meet these requirements:
Here are two simple ways to apply
StokFella Members
Log into the StokFella app. Navigate to Thuso Debt Relief in the Marketplace. Submit your application.
Not on StokFella yet?
You can apply manually. Fill out the form on our website, and a Care Consultant will contact you to guide you through the process.
There are no upfront fees for Thuso Debt Relief. We work with your stokvel to determine a small percentage of your repaid debt, which goes towards supporting the program for other members in the future. Our goal is to make debt relief accessible to everyone in the stokvel community.
While successfully tackling debt can have a positive long-term impact on your credit, Thuso Debt Relief focuses on getting you out of immediate debt distress. If you are concerned about your credit score, we can connect you to resources to help you better understand it.
Thuso Debt Relief aims to strengthen your relationship with your stokvel. By tackling your debt, you become a more reliable, financially stable member. The program emphasizes support and rebuilding trust, not strain.
If you have more questions or wish to dive deeper into how StokFella can empower your stokvel, don't hesitate. Speak to a StokFella Care Consultant today and take the first step toward a brighter, more secure financial future for your community.
Thank you for contacting us.
We will get back to you as soon as possible.
Whether you belong to a burial society, participate in umagolisana emsebenzeni, or have big plans for your property stokvel, StokFella is here to help you do more, together.
StokFella is an authorised Financial Services (FSP48812) and Credit Provider (NCRCP12735).
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