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Debtfree Magazine December 2017

SA's Free Debt Counselling & Debt Review Industry Magazine: December 2017 issue. We ask if consumers under debt review are learning or will they repeat past mistakes? We also look back at 2017 and review the NCR Conference and interview a Debt Counsellor...and more

SA's Free Debt Counselling & Debt Review Industry Magazine: December 2017 issue. We ask if consumers under debt review are learning or will they repeat past mistakes? We also look back at 2017 and review the NCR Conference and interview a Debt Counsellor...and more

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forehead slapping as Alan took<br />

the audience through a decade of<br />

almost constant change within the<br />

industry.<br />

The (PDASA) Payment Distribution<br />

Association of South Africa were<br />

represented by DC Partner’s<br />

Herman de Jager. He begged the<br />

NCR to look into the issue of PDA<br />

fees and payment turnaround<br />

times. He warned that the industry<br />

will struggle greatly in the future if<br />

PDAs are forced out of business by<br />

non sustainable costing models. His<br />

sentiments received an enthusiastic<br />

and supportive round of applause<br />

from the concerned audience.<br />

...the industry will struggle<br />

greatly in the future if PDAs are<br />

forced out of business by non<br />

sustainable costing models...<br />

Local Western Cape Magistrate<br />

Nyati called on the NCR to help<br />

educate more consumers. She<br />

then took some time to discuss<br />

applications for debt review locally<br />

in the Western Cape. She thanked<br />

the NCR for the invite and said that<br />

she and her colleagues who had<br />

attended had found it interesting<br />

to sit among Debt Counsellors and<br />

see the way they think and the issues<br />

raised. They hope to engage more<br />

with the industry in the future for<br />

further insights.

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