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Debtfree Magazine Sept 2017

SA's Free Debt Counselling and Debt Review industry magazine- The September 2017 issue. We discuss the new possible fees for debt review as suggested by the NCR. We also look at recent industry events, consumer tips and advice for those under debt review.

SA's Free Debt Counselling and Debt Review industry magazine- The September 2017 issue. We discuss the new possible fees for debt review as suggested by the NCR. We also look at recent industry events, consumer tips and advice for those under debt review.

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QUESTIONS FROM OUR READERS<br />

Q<br />

I<br />

left debt review a few weeks ago and recently went to apply<br />

for credit and was turned down because the debt review is still<br />

showing on the credit report. What can I do?<br />

A<br />

If the bank is saying they are seeing a debt review status on your credit<br />

bureau report once you have left debt review then you should do 3 things:<br />

1. Talk to your old Debt Counsellor and ask them to chase the NCR to change<br />

your status on the NCR’s online debt help system.<br />

2. Talk to the National Credit Regulator who update the credit bureaus on<br />

consumers debt review status (when they start and finish debt review) to<br />

change your status on the debt help system (call 0860 NCR NCR)<br />

3. You can submit a query/complaint at each of the big credit bureaus asking<br />

them to remove any such status. Each bureau has an online form you can<br />

get from their website. Send along the form your Debt Counsellor gave you<br />

when you left (or finished) debt review.

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