Debtfree DIGI September 2016
SA's Free Debt Counselling and Debt Review Industry Magazine. Are Garnishee orders dead? What did the Constitutional Court say? How can you deal with Debt Stress? This and more in this months issue
SA's Free Debt Counselling and Debt Review Industry Magazine. Are Garnishee orders dead? What did the Constitutional Court say? How can you deal with Debt Stress? This and more in this months issue
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Who are the NCT?<br />
The National Consumer Tribunal or NCT, for<br />
short, was created in 2007 to assist with various<br />
aspects of consumer protection and the<br />
National Credit Act. For example, if the National<br />
Credit Regulator find a registrant - like a bank or<br />
Debt Counsellor - is breaking the National Credit<br />
Act they can take them to the NCT and ask for<br />
a big fine or even deregistration. Consumers<br />
can also apply to the NCT for help with<br />
various things like when a credit provider<br />
refuses to send you a statement. An order<br />
from the NCT is seen the same as an order<br />
from a High Court.
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