Debtfree Magazine Issue 11 of 2021
SA's free magazine about dealing with debt, debt counselling and debt review. This month we look at the topic of debt addiction. Could you be addicted to debt? We also look at how two debt counsellors were fined R500 000 each. Why? News, Reviews, Tips and advice and more.
SA's free magazine about dealing with debt, debt counselling and debt review.
This month we look at the topic of debt addiction. Could you be addicted to debt?
We also look at how two debt counsellors were fined R500 000 each. Why?
News, Reviews, Tips and advice and more.
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DEBT COUNSELLORS
NEED TO BEWARE
WHEN COLLECTING
OLD DEBTS
It is common for businesses to have a collections company collect bad
debts for them. Debt Counsellors should however beware of having a
collection agent collect old debts for fees, as consumers have to pay
fees via a PDA. So make sure any such payments go via the PDA and not
the collection agent’s accounts.
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