Debtfree Magazine issue #12 of 2021
SA's Free Magazine about dealing with debt, debt counselling, debt review and more. This month we look both back and forward as we review 2021 and what we can learn from the tough year.
SA's Free Magazine about dealing with debt, debt counselling, debt review and more. This month we look both back and forward as we review 2021 and what we can learn from the tough year.
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SURVIVING 2021 YOU MADE IT
FEBRUARY
Politics
There was a military coup in Myanmar, which sparked many protest
marches and sadly many deaths throughout the year.
Space
NASA was excited to successfully land the Perseverance Rover on
Mars. Over the next months, they would also launch a flying drone,
and capture many exciting images of the red planet.
Debt Review
The NCR’s Credit Industry Forum (CIF) continued to look into the
professional fees charged during debt review. Because the National
Credit Act and regulations do not have any official fees, this remains
a tricky area for the industry with different organisations, associations
and even the Regulator weighing in. Law societies, in particular, feel
that their members’ rates for legal work done on debt review matters
cannot be set by other parties.
Lockdown
SA moved to an adjusted level 1 lockdown as reported Covid-19 cases
drop to low daily figures.
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