Comments for Consumer Financial Wellness Portal http://www.liberatingconcepts.co.za/creditpress Fighting Financial Over-Indebtedness in South Africa Sun, 01 Aug 2010 01:44:54 +0000 http://wordpress.org/?v=2.1 Comment on Summit TV interview with Eric Levenstein taking about debt counseling, debt review and NCA. by Erica http://www.liberatingconcepts.co.za/creditpress/2008/08/27/summit-tv-interview-with-eric-levenstein-taking-about-debt-counseling-debt-review-and-nca/#comment-10506 Erica Wed, 15 Apr 2009 17:33:02 +0000 http://www.liberatingconcepts.co.za/creditpress/2008/08/27/summit-tv-interview-with-eric-levenstein-taking-about-debt-counseling-debt-review-and-nca/#comment-10506 Thanks for posting the video. It was very interesting. Thanks for posting the video. It was very interesting.

]]> Comment on A few points you may want to know about the banking enquiry report. by FraudulentCharges.com http://www.liberatingconcepts.co.za/creditpress/2008/09/02/is-the-banking-system-going-to-be-revolutionized/#comment-10505 FraudulentCharges.com Tue, 14 Apr 2009 19:33:48 +0000 http://www.liberatingconcepts.co.za/creditpress/2008/09/02/is-the-banking-system-going-to-be-revolutionized/#comment-10505 Bank overdraft fees are becoming absolutely ridiculous. On my site, we get 4-5 people a day complaining about being unfairly charged. Bank of America has just agreed to now charges up to 10 overdraft fees per day at $39 a pop. Considering how they re-order transactions to optimize their fees, this is going to seriously hurt even more customers. Its time to stand up against these policies and demand change. Bank overdraft fees are becoming absolutely ridiculous. On my site, we get 4-5 people a day complaining about being unfairly charged. Bank of America has just agreed to now charges up to 10 overdraft fees per day at $39 a pop. Considering how they re-order transactions to optimize their fees, this is going to seriously hurt even more customers. Its time to stand up against these policies and demand change.

]]> Comment on Credit Amnesty as per National Credit Act by Yolandi http://www.liberatingconcepts.co.za/creditpress/2007/05/30/credit-amnesty-as-per-national-credit-act/#comment-10490 Yolandi Sun, 29 Mar 2009 17:37:04 +0000 http://www.liberatingconcepts.co.za/creditpress/2007/05/30/credit-amnesty-as-per-national-credit-act/#comment-10490 How can I find out if I am listed on ITC? How can I find out if I am listed on ITC?

]]> Comment on Exorbitant micro loan interest fees capped thanks to the National Credit Act by Joachim http://www.liberatingconcepts.co.za/creditpress/2007/06/27/exorbitant-micro-loan-interest-fees-capped-thanks-to-the-national-credit-act/#comment-10482 Joachim Fri, 06 Mar 2009 07:04:02 +0000 http://www.liberatingconcepts.co.za/creditpress/2007/06/27/exorbitant-micro-loan-interest-fees-capped-thanks-to-the-national-credit-act/#comment-10482 You are all missing the point here. The NCA do provides for certain aspects of credit agreements to be outlawed, but the furniture retailers do not calculate their interest charges wrong on the agreements - no sir! They recalculate their interest charges on their monthly statements AND on the so-called credit life insurance premiums, WHICH according to section 106(5)(a) is illegal. The Ellerines Group is a specific culprit and the NCR is doing nothing. Just try and work out their interest charges per mont and you will see how much money they are taking from their customers illegaly per month. You are all missing the point here. The NCA do provides for certain aspects of credit agreements to be outlawed, but the furniture retailers do not calculate their interest charges wrong on the agreements - no sir! They recalculate their interest charges on their monthly statements AND on the so-called credit life insurance premiums, WHICH according to section 106(5)(a) is illegal. The Ellerines Group is a specific culprit and the NCR is doing nothing. Just try and work out their interest charges per mont and you will see how much money they are taking from their customers illegaly per month.

]]> Comment on Credit Amnesty last day(s) rush, why do we leave things to the last minute? by admin http://www.liberatingconcepts.co.za/creditpress/2007/08/31/credit-amnesty-last-days-rush-why-do-we-leave-things-to-the-last-minute/#comment-10436 admin Wed, 12 Nov 2008 16:26:42 +0000 http://www.liberatingconcepts.co.za/creditpress/2007/08/31/credit-amnesty-last-days-rush-why-do-we-leave-things-to-the-last-minute/#comment-10436 @joan you should try lodge a complaint with TransUnion (formerly ITC) but you may need to get a letter of consent from the credit grantor and hand to a lawyer who can take it to court on your behalf... @joan you should try lodge a complaint with TransUnion (formerly ITC) but you may need to get a letter of consent from the credit grantor and hand to a lawyer who can take it to court on your behalf…

]]> Comment on Credit Amnesty as per National Credit Act by admin http://www.liberatingconcepts.co.za/creditpress/2007/05/30/credit-amnesty-as-per-national-credit-act/#comment-10435 admin Wed, 12 Nov 2008 16:21:49 +0000 http://www.liberatingconcepts.co.za/creditpress/2007/05/30/credit-amnesty-as-per-national-credit-act/#comment-10435 @Sonia as I saidto Bren, you need an attorney to represent you in court. You should get something in writting stating that you have payed all your debt and the bank / lender consents to the judgment being lifted (off the blacklist)... @Sonia as I saidto Bren, you need an attorney to represent you in court. You should get something in writting stating that you have payed all your debt and the bank / lender consents to the judgment being lifted (off the blacklist)…

]]> Comment on Credit industry associations to assist consumers out of the debt trap 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.

]]> Comment on Credit Amnesty almost over, 6 working days to go to recover your bad credit quickly by admin 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 admin Wed, 12 Nov 2008 15:58:18 +0000 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 Hey Sylvia, 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> Hope this helps somewhat... Hey Sylvia, 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

Hope this helps somewhat…

]]> Comment on Credit Amnesty as per National Credit Act by admin http://www.liberatingconcepts.co.za/creditpress/2007/05/30/credit-amnesty-as-per-national-credit-act/#comment-10432 admin Wed, 12 Nov 2008 15:50:57 +0000 http://www.liberatingconcepts.co.za/creditpress/2007/05/30/credit-amnesty-as-per-national-credit-act/#comment-10432 @Sabatha this depends, you need to see if the default record on your credit report has been updated to "paid up" or someting similar. It is common practice for credit grantors to update the records rather than delete them off your credit report. You can always lodge a dispute with the credit bureaux... @Sabatha this depends, you need to see if the default record on your credit report has been updated to “paid up” or someting similar. It is common practice for credit grantors to update the records rather than delete them off your credit report.

You can always lodge a dispute with the credit bureaux…

]]> Comment on Credit Amnesty as per National Credit Act by admin http://www.liberatingconcepts.co.za/creditpress/2007/05/30/credit-amnesty-as-per-national-credit-act/#comment-10431 admin Wed, 12 Nov 2008 15:39:12 +0000 http://www.liberatingconcepts.co.za/creditpress/2007/05/30/credit-amnesty-as-per-national-credit-act/#comment-10431 @Bren the credit amnesty is long gone, <a href="http://www.liberatingconcepts.co.za/creditpress/category/credit-amnesty/" rel="nofollow">read these articles</a>. You need to arrange with woolworths to remove your default status but you may find that they will only update your default record to "paid up". Regarding your judgment you need to pay it off, get a letter of consent of removal from the credit grantor and get your attorney to represent you in court. Do contact one of the credit bureaux to check this information offcourse :-) goodluck! @Bren the credit amnesty is long gone, read these articles. You need to arrange with woolworths to remove your default status but you may find that they will only update your default record to “paid up”.
Regarding your judgment you need to pay it off, get a letter of consent of removal from the credit grantor and get your attorney to represent you in court.

Do contact one of the credit bureaux to check this information offcourse :-)
goodluck!

]]>