Debt Review Terminations Webinar READ MORE

Debt Review Terminations Webinar

Tuesday 12 October Time: 9 – 10 AM Timmy van der Grijp, NCR Legal Advisor will discuss the termination process Section 86(10), Section 88(3), Section 86(11), lawful vs unlawful terminations, and actions required by Debt Counsellors.
The state of the Consumer Credit Industry READ MORE

The state of the Consumer Credit Industry

The state of the Consumer Credit Industry Proudly bought to you by Consumer Friend Thursday, 26 August, 11 AM – 12 PM Laurien Kemp – Nedbank Muhammed Laher – ABSA Cindy Mauritz – Capitec Denise Hartley – First National Bank Roxanne Fietze...
Consumer Friend Recognised by RCS READ MORE

Consumer Friend Recognised by RCS

On the 5th of March RCS held their Annual EDC Awards Celebration for 2020. This year, the event was held in a virtual fashion and highlighted top outsourced debt collection organisations that have made a considerable impact in recovering funds on behalf of RCS....
DCRS Costs READ MORE

DCRS Costs

DCRS is a set of standard rules agreed upon by the industry that provide voluntary concessions by exclusion of certain charges, adjusting the contractual fees, interest rates and repayment terms on credit agreements that are restructured under debt counselling. The...
NCR Circular on Standardised Court Orders READ MORE

NCR Circular on Standardised Court Orders

Towards the end of 2020, after deliberations with various related stakeholders, the NCR issued a circular developed by the CIF with proposed operational solutions to standardize debt review court orders. It further addresses the inability of debt counsellors to comply...
Debt Counselling Misleading Market Practices READ MORE

Debt Counselling Misleading Market Practices

Circular 10 of 2020 In 2015, the National Credit Regulator (“the NCR”) through Circular 1 of 2015 communicated the general standard expected from Debt Counsellors (DCs) when advertising or marketing the debt counselling service. Furthermore, the NCR in...