31.03.2019 Views

Debtfree Magazine March 2019

The March 2019 issue of Debtfree Magazine. Learn to say no to family and friends, learn from loadshedding and learn how to go about cancelling debit orders. News, reviews, tips and more.

The March 2019 issue of Debtfree Magazine. Learn to say no to family and friends, learn from loadshedding and learn how to go about cancelling debit orders. News, reviews, tips and more.

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.

DEBIT ORDERS & GETTING YOUR MONEY BACK<br />

THEY TAKE THE MONEY<br />

EVEN THOUGH YOU<br />

CANCELLED<br />

It is possible for debit orders to take funds out of your account on the<br />

first month that you enter debt review even though you have asked<br />

your creditors to cancel them.<br />

This could be because you may have asked them to cancel the debit order<br />

after it is already on their system waiting for funds to come in. This can<br />

cause chaos since you are now meant to make your new (smaller) debt<br />

repayment via the PDA. You have to pay through debt review... but now you<br />

might not have enough money to do so. What do you do if this happens?

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

Saved successfully!

Ooh no, something went wrong!