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Category: Prescribed debt
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Seasons come and seasons go. Spring is here and it’s time for a fresh start for your finances. You know that old, old debt that you have almost forgotten about but still lingers in the back of your mind?...
South Africans have for many years been exposed to unending credit obligations, with many of them finding it difficult to make payments. Credit providers would have attempted to collect on any unpaid debt...
Cape Town - Amendments to the National Credit Act making it illegal to collect prescribed debt has contributed to the big drop in civil summonses and judgments for debt, James O’Haughey, CFO of Intelligent...
Many people in South Africa are still unaware of what the law says regarding ‘old’ or ‘prescribed’ debt and end up paying off the debt, even though they are no longer liable for it. At DebtBusters,...
At DebtBusters, we want to make sure that you stay well informed and that you know your rights when it comes to the topic ‘debt’. Many consumers with ‘old’ debt end up paying off the debt, even...
The first ever Debt Review Awards was held on 19 July 2014 in Cape Town, to celebrate business excellence in debt review and to make heroes out of those who are responsible for leading the industry. Credit...