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...
Reckless Lending Webinar Video READ MORE

Reckless Lending Webinar Video

Key Topics: Upcoming NCR Reckless Lending Circular Assessment mechanisms Recommendations to the court How to apply, timelines and fees Panelists: Tim van der Grijp – The National Credit Regulator Justin van der Linde – Consumer...
Reckless Lending Webinar Video READ MORE

Reckless Lending Webinar

Key Topics: Upcoming NCR Reckless Lending Circular Assessment mechanisms Recommendations to the court How to apply, timelines and fees Panelists: Tim van der Grijp – The National Credit Regulator Justin van der Linde – Consumer Friend Date: Thursday, 29...