01.09.2021 Views

August 2021 IDM Special Edition

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

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

POPI BASICS FOR DEBT COUNSELLORS<br />

THE PURPOSE<br />

FOR PROCESSING<br />

PERSONAL DATA<br />

Firstly, defining the purpose for processing of<br />

consumer personal data is captured in the National<br />

Credit Act, 2005 (‘NCA’).<br />

Simply put ,the information of the consumer is collected and<br />

processed in order for the debt counsellor to fulfill its statutory<br />

obligation under the NCA; both a contractual and legal purpose.<br />

The NCA sets forth the information required in order to support<br />

a debt review application from simple identity information to the<br />

complexities of credit account numbers, balances and other financial<br />

information.<br />

This info needs to be added into your PoPI Manual.

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

Saved successfully!

Ooh no, something went wrong!