JES Debt Counsellors

13/07/2015

Retrenchment has become a growing reality in today's market...

Early action can prevent a devastating situation.

1. Contact your debt counsellor and inform them of the situation.

2. Send through the letters received from your employer indicating the retrenchment information.

3. The consumer must contact the credit providers to enquire about credit life policies and whether it is still active and will cover the retrenchment.

4. Information obtained from credit providers must be supplied to your debt counsellor.

5. Your debt counsellor will supply the relevant creditors with a 17.3 indicating that there has been a change in circumstances.

6. Payments must be kept up to date or as agreed with your debt counsellor as far as possible to avoid credit providers terminating the debt review process due to a default arising.

Retrenchment is a very scary and sometimes financially crippling situation, talk to your debt counsellor and always keep them updated with your new details.....

Regards

JES

29/05/2015

So you exited from the debt review process but still the debt review flag remains on your credit reports???

Why you might ask, well debt review will remain in force until you:
1. Finish paying all of the matters under your debt review application
2. Have your debt review court order rescinded.

A Debt Counsellor cannot terminate your debt review, we may however withdraw our services due to non payment/ co-operation.

But what if you paid all of your debts and the flag still remains?

1. Contact your debt counsellor furnish him/her with the paid up letters from your creditors so that they can issue a clearance certificate and update your records.

2. Should you not be able to contact your DC contact the National Credit Regulator.

3. Contact the credit bureaux's and lodge a dispute.

Remember as long as the debt review flag remains you cannot make use of any further credit, so keep your payments up to date and avoid hassle of struggling to clear your name.

30/04/2015

30/04/2015

Please feel free to contact us if you need advice... Our friendly DC and staff love to help....

30/04/2015

As a consumer in South Africa you have rights.... Do not allow yourself to be bullied... Know your rights....http://www.ncr.org.za/index.php?option=com_content&view=article&id=110

The NCR is tasked with the registration of credit providers, credit bureaux and debt counsellors; and enforcement of compliance with the Act.