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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.

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NCT ADJUST RULING<br />

PREVIOUSLY SENT TO ALL DCS<br />

A while back, Debt Counsellors across the country suddenly received<br />

a copy of a National Consumer Tribunal (NCT) ruling in a case<br />

between some consumers and their Debt Counselling firm. This was<br />

very unusual.<br />

The firm is one of the largest in the country and the fact that the ruling<br />

seemed to indicate that they had not done their job 100% was not great<br />

for their reputation. But not all was what it seemed and sending the ruling<br />

out to all Debt Counsellors seems to have been premature (in retrospect)<br />

as the NCT has now rescinded and amended that ruling.<br />

Part of the problem was that this large firm never received an invitation to<br />

attend the NCT case due to wrong email addresses being used to notify<br />

them that the consumers were asking the NCT to review their matter.<br />

This meant that the NCT ended up relying on only half the necessary<br />

information.<br />

Something else unusual that happened was that the initial NCT ruling<br />

ended up saying that the CEO of the NCR had to get a copy and implied<br />

that the NCR had to do something with the ruling to show Debt Counsellors<br />

what not to do (as if this big firm had made a mistake). Seemingly the<br />

consumers never asked anyone to do this.

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