Debtfree DIGI July 2016

Next Ms. Kedilatile Lagodi of the NCR Debt Review Department spoke about the incredible system
we have (debt review) and how the numbers tell the story that despite challenges the industry
is helping a lot of people every month to deal with debt and repay their creditors responsibly.
Next the National Consumer Tribunal’s Advocate John Simpson spoke enthusiastically about the
progress the NCT has been making in dealing with the backlog of cases they have received, the
benefits of the SA debt review process and how people from other countries have learned from
the progress made locally.
Consumers Receive Clearance Certificates
Only 2% of SA consumers have no debt whatsoever, and the evening of the gala was a highlight
for 3 couples who have been under debt review and who received their clearance certificates on
the night. They were assisted to go from being in debt, to debt free by Debt Counselling firms
Debt Rescue and Octogen. These certificates mean that the consumer is totally debt free. A rare
and wonderful situation to be in. Congratulations to them!