Debtfree Magazine September 2018
SA's Free Debt Counselling and Debt Review industry magazine. What do you do if someone says they are coming to take your car? Why did the NCR remove the incentive to investigate reckless credit? Industry news and more.
SA's Free Debt Counselling and Debt Review industry magazine. What do you do if someone says they are coming to take your car? Why did the NCR remove the incentive to investigate reckless credit? Industry news and more.
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RECKLESS LENDING FEE GUIDELINE<br />
DEBT<br />
COUNSELLOR<br />
REACTIONS<br />
The reaction to the NCR recalling their fee guideline has not been<br />
very positive from Debt Counsellors.<br />
Many Debt Counsellors have been less than complimentary about the<br />
recall and feel that the NCR are caving to pressure from credit providers<br />
who do not want them looking too closely into their lending practices<br />
(and potentially costing them millions of Rands in damage). Many credit<br />
providers, however, are happy and are saying they are glad to see an end<br />
to the abuse of this fee.
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