Comments on: Credit industry associations to assist consumers out of the debt trap http://www.liberatingconcepts.co.za/creditpress/2008/01/29/credit-industry-associations-to-assist-consumers-out-of-the-debt-trap/ Fighting Financial Over-Indebtedness in South Africa Sun, 01 Aug 2010 01:24:26 +0000 http://wordpress.org/?v=2.1 By: matjie http://www.liberatingconcepts.co.za/creditpress/2008/01/29/credit-industry-associations-to-assist-consumers-out-of-the-debt-trap/#comment-7134 matjie Sat, 05 Apr 2008 09:18:00 +0000 http://www.liberatingconcepts.co.za/creditpress/2008/01/29/credit-industry-associations-to-assist-consumers-out-of-the-debt-trap/#comment-7134 i want to report a person committing fraud using my documents to open accounts on credit. i want this matter to reach every shop, creditor, micro lending institutions,police and myself to be alert as soon as the person make credit, so that he/she can be put behind bars because at some stage its a woman and to some appeares as a man. i have never lost any id documents,cards. my privacy is being violated.help me please i want to report a person committing fraud using my documents to open accounts on credit. i want this matter to reach every shop, creditor, micro lending institutions,police and myself to be alert as soon as the person make credit, so that he/she can be put behind bars because at some stage its a woman and to some appeares as a man. i have never lost any id documents,cards. my privacy is being violated.help me please

]]> By: admin http://www.liberatingconcepts.co.za/creditpress/2008/01/29/credit-industry-associations-to-assist-consumers-out-of-the-debt-trap/#comment-10102 admin Fri, 30 May 2008 13:46:33 +0000 http://www.liberatingconcepts.co.za/creditpress/2008/01/29/credit-industry-associations-to-assist-consumers-out-of-the-debt-trap/#comment-10102 @Matjie you can load an alert on your credit report wih TransUnion. You first need an affidavit from the police though. The other thing to do is subscribe to the credit report lerting service with TransUnion so you get sms'ed when there are changes or enquiries on your credit report. @Matjie you can load an alert on your credit report wih TransUnion. You first need an affidavit from the police though.
The other thing to do is subscribe to the credit report lerting service with TransUnion so you get sms’ed when there are changes or enquiries on your credit report.

]]> By: Jonty http://www.liberatingconcepts.co.za/creditpress/2008/01/29/credit-industry-associations-to-assist-consumers-out-of-the-debt-trap/#comment-10106 Jonty Fri, 30 May 2008 15:32:30 +0000 http://www.liberatingconcepts.co.za/creditpress/2008/01/29/credit-industry-associations-to-assist-consumers-out-of-the-debt-trap/#comment-10106 Hi there. Thanx for a fabulous site! I've just spent the better part of an afternoon browsing all the very helpful topics. Maybe you can offer some advice in the following regard: i'm in a financial pickle, to the extent that i applied for debt counselling two days ago. By this i mean that i've completed the necessary input forms detailing my monthly expenses, income, indebtedness, etc. I should hear within the next week whether my application has been approved. In the meantime, i received a business card today asking me to contact a certain debt collection agency, in order to avoid legal action on one of the debts which i owe. My question is this- from my discussions with the debt counsellor, i'm aware that they can only deal with debt where no legal action has been taken. Would this notification from a debt collector be regarded as legal action? i.e. would this specific debt also be covered under the debt counselling process? 

Kind regards
Jonty Hi there. Thanx for a fabulous site! I’ve just spent the better part of an afternoon browsing all the very helpful topics. Maybe you can offer some advice in the following regard: i’m in a financial pickle, to the extent that i applied for debt counselling two days ago. By this i mean that i’ve completed the necessary input forms detailing my monthly expenses, income, indebtedness, etc. I should hear within the next week whether my application has been approved. In the meantime, i received a business card today asking me to contact a certain debt collection agency, in order to avoid legal action on one of the debts which i owe. My question is this- from my discussions with the debt counsellor, i’m aware that they can only deal with debt where no legal action has been taken. Would this notification from a debt collector be regarded as legal action? i.e. would this specific debt also be covered under the debt counselling process? 

Kind regards
Jonty

]]> By: admin http://www.liberatingconcepts.co.za/creditpress/2008/01/29/credit-industry-associations-to-assist-consumers-out-of-the-debt-trap/#comment-10152 admin Sat, 31 May 2008 14:32:43 +0000 http://www.liberatingconcepts.co.za/creditpress/2008/01/29/credit-industry-associations-to-assist-consumers-out-of-the-debt-trap/#comment-10152 Hey Jonty, It seems the company / creditor in question has not taken legal action as yet. It appears they are being responsible and suggesting help for you, which you have already done. Perhaps you should call and confirm with them and inform that that you have applied for debt counselling. I hope things work out for you... L8r! Hey Jonty,

It seems the company / creditor in question has not taken legal action as yet. It appears they are being responsible and suggesting help for you, which you have already done. Perhaps you should call and confirm with them and inform that that you have applied for debt counselling.

I hope things work out for you…
L8r!

]]> By: Jonty http://www.liberatingconcepts.co.za/creditpress/2008/01/29/credit-industry-associations-to-assist-consumers-out-of-the-debt-trap/#comment-10275 Jonty Tue, 03 Jun 2008 20:36:26 +0000 http://www.liberatingconcepts.co.za/creditpress/2008/01/29/credit-industry-associations-to-assist-consumers-out-of-the-debt-trap/#comment-10275 Woohoo, my debt counsellor is on the ball!! She confirmed that 1)she contacted all creditors, 2)she faxed an F17.1 doc to them all notifying them that i was under debt review, and 3)she's in the process of working out a structured budget so that i can begin repaying my debt. It's a good feeling, knowing that the downward spiral is under control, and that i'm slowly beginning to claw my way out of the hole into which i've dug myself. One question, would you advise that i hang onto the various BEE shares which i've bought over the past few years, some of which are due for either sale or completion of purchase sometime soon? Thanx for all the help thus far, much appreciated indeed. Sometimes it's hard finding out that truly one has often been penny-wise but pound-foolish! La vérité vaut bien qu'on passe quelques années sans le trouver. Woohoo, my debt counsellor is on the ball!! She confirmed that 1)she contacted all creditors, 2)she faxed an F17.1 doc to them all notifying them that i was under debt review, and 3)she’s in the process of working out a structured budget so that i can begin repaying my debt. It’s a good feeling, knowing that the downward spiral is under control, and that i’m slowly beginning to claw my way out of the hole into which i’ve dug myself. One question, would you advise that i hang onto the various BEE shares which i’ve bought over the past few years, some of which are due for either sale or completion of purchase sometime soon? Thanx for all the help thus far, much appreciated indeed. Sometimes it’s hard finding out that truly one has often been penny-wise but pound-foolish! La vérité vaut bien qu’on passe quelques années sans le trouver.

]]> By: Piliswa Kamba http://www.liberatingconcepts.co.za/creditpress/2008/01/29/credit-industry-associations-to-assist-consumers-out-of-the-debt-trap/#comment-10424 Piliswa Kamba Wed, 22 Oct 2008 09:46:28 +0000 http://www.liberatingconcepts.co.za/creditpress/2008/01/29/credit-industry-associations-to-assist-consumers-out-of-the-debt-trap/#comment-10424 I need a counselling concerning to my debt I've been trying all the time to pay please help piliswa I need a counselling concerning to my debt I’ve been trying all the time to pay

please help

piliswa

]]> By: admin http://www.liberatingconcepts.co.za/creditpress/2008/01/29/credit-industry-associations-to-assist-consumers-out-of-the-debt-trap/#comment-10434 admin Wed, 12 Nov 2008 16:02:46 +0000 http://www.liberatingconcepts.co.za/creditpress/2008/01/29/credit-industry-associations-to-assist-consumers-out-of-the-debt-trap/#comment-10434 @Piliswa as I suggested to @Sylvia <a href="http://www.liberatingconcepts.co.za/creditpress/2007/08/23/credit-amnesty-almost-over-6-working-days-to-go-to-recover-your-bad-credit-quickly/#comment-10433" rel="nofollow">here</a>, you need to speak to a debt counsellor regarding your circumstances. You should also visit the National Credit Regulator on for infomration on <a href="http://www.ncr.org.za/Over-Indebtedness.html" rel="nofollow">how to deal with over-indebtedness</a> You can also contact the NCR on 0860 627 627 to obtain a list of debt counsellors. @Piliswa as I suggested to @Sylvia here, you need to speak to a debt counsellor regarding your circumstances. You should also visit the National Credit Regulator on for infomration on how to deal with over-indebtedness
You can also contact the NCR on 0860 627 627 to obtain a list of debt counsellors.

]]>