Credit Counseling SA

09/07/2015

Labour law commentator Michael Bagraim said the judgment meant a court order could now not be made against a defaulter unless a magistrate applied their mind to whether they could afford to pay.

Parts of the law used to obtain garnishee orders are unconstitutional, the Cape Town High Court ruled yesterday. You have a problem with Garnishee Order, talk to us we will help you.

02/07/2015

Drowning in debt? Call us for advice (011) 333 0002, send us call back or Whatsapp on 078 901 6302

Signs that you may be over-indebted
1. You borrow money from friend and family to pay other debts;
2. You avoid people you owe money;
3. You can hardly ever make all of your payments at the end of the month;
4. Your bank has rejected a debit order in the past three months, because there were insufficient funds in your bank account;
5. Your debit or credit card often gets refused at till points or you cannot draw money at the ATM;
6. You receive SMSs and calls reminding you of overdue payments;
7. You receive letters and summonses from creditors and/or attorneys;
8. You owe much more than you own (although many young people start off that way);
9. You are so stressed because of your debt situation that you often get ill and miss work.

03/02/2015

talk to us we can help.

A Fin24 user is making good progress in paying off his debt, but worries about whether he will be able to get a home loan.

03/12/2014

Good news for consumers.

The petrol price will decrease by 69 cents a litre, while diesel will cost 53 cents less.

09/10/2014

talk to us we are here to help you, call us on (011) 333 0002 or send a Please Call to 0838871892

07/10/2014

Media Release
For Immediate release October 2014
National Credit Regulator commissions an investigation into various credit providers
regarding shortfalls arising from the sales of repossessed consumers' motor vehicles
and houses
The National Credit Regulator (NCR) has announced that it is commissioning an investigation
into various credit providers regarding shortfalls arising from sales of consumers' repossessed
motor vehicles and houses by credit providers.
The investigation is part of the effort by the NCR to ensure that credit providers sell consumers'
repossessed motor vehicles and houses as soon as reasonably practicable or for the best price
reasonably obtainable.
"Credit providers should ensure that they sell consumers' repossessed motor vehicles and
houses as soon as reasonably practicable or for the best price reasonably obtainable so that
consumers are not liable to pay shortfalls that are substantially high. This is an issue of serious
concern to the NCR, says Nomsa Motshegare, Chief Executive Officer of the NCR. "
Ends
Issued by:
Lebogang Selibi
National Credit Regulator
Tel: (011) 554 - 2722
NCR Call Centre: 0860 627 627
E-mail: [email protected]
Website: www.ncr.org.za

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

30/09/2014

What debt do you spend the most time worrying about?

18/09/2014

By show of likes, how many of you want to pay off your debt?

15/09/2014

Struggling with Debt? Credit Counseling SA is here to help.

A Fin24 user shares her strategy of tackling debt, adding that she cut up her credit and bank cards because she could not trust herself around them.

15/09/2014

does this affects you, talk to us we have a solution for you!!

African Bank's curator responds to the many Fin24 users who are burdened by the high interest rates on loans.