30.01.2018 Views

Debtfree Magazine January 2018

SA's Free Debt Counselling & Debt Review Industry Magazine. We discuss Bitcoin, Steinhoff, amending the National Credit Act and more in this issue.

SA's Free Debt Counselling & Debt Review Industry Magazine. We discuss Bitcoin, Steinhoff, amending the National Credit Act and more in this issue.

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

PAYMENT DISTRIBUTION AGENCY<br />

What is the role of the Payment<br />

Distribution Agency?<br />

Over-indebted consumers pay their debt<br />

installments to their creditors, through an<br />

accredited PDA such as DC Partner on a<br />

monthly basis.<br />

DC Partner (PDA), distributes debt review<br />

funds securely to credit providers and keep<br />

track of the payments and balances on<br />

accounts through the debt management<br />

software program.<br />

The PDA provides monthly statements to the<br />

Debt Counsellor and consumer.

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!