South Africa's debt counselling magazine - July 2013 www.debtfreedigi.co.za - Debtfree DIGI
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DEBT COUNSELLING EXPLAINED Debtfree DIGI asked Debt Counsellor Octavia Hlatshwayo of Mzansi Debt Counselling to help explain the debt review or debt counselling process. Debt Counselling is a process which was consumer will then formally apply by filling in promulgated into law back in 2006. The Dept. of application form through the DC disclosing Trade & Industry conducted in-depth research his/her financial position. The DC will conduct to determine the causes of over indebtedness, income and expenditure assessment , propose reckless lending and better ways of dealing with new repayment instalments and terms to the debt. A decision was taken that Usuary Act and consumer’s creditors. The DC will then refer the Credit Agreement Act be withdrawn and the debt review application to a Magistrate to be replaced with the new National Credit Act. grant an order. Should all negotiations satisfy The National Credit Regulator was the industry the court , an order will be granted and formal body tasked to regulate the entire credit market restructuring of all accounts will be finalised. ie. Register Credit Bureaux, Credit Providers, Debt Counsellors and most importantly to Required documents for the application ensure that they all conform and comply to are normally an ID Copy, 2 months bank the NCA. Debt review is part of the NCA in statement, copy of credit report (the DC can section 86 which allows a consumer with credit help you get this) and Proof of Income. It is agreements with registered credit providers to advisable that when one notices a negative apply for the restructuring of his/her accounts imbalance in income and expenditure or if you in an effort to alleviate the danger of having start skipping or short paying accounts, that an impaired record, repossession of assets and you immediately consult with a DC to seek a still ensuring that debt obligation is fulfilled by solution and recommend available remedies i.e the consumer. Once a consumer has consulted revisiting your Budget , making adjustments in with a DC to discuss his/her financial status, a your life and possibly applying for Debt Review determination by the DC whether or not the to safeguard your assets. consumer is over indebted. An over indebted Debt Wise Solutions Debt review and distribution software. Proud Software provider to DC Partner, Payment Distribution Agency. https://debtwisesolutions.co.za
CONTENTS 07 Editors notes Our Editor Zak King speaks his mind about change. 09 News All the latests events making headlines 14 A National Credit Act - Draft Amendment Bill 16 ABSA collections agents throwing away ABSA’s money? 19 Letter from a reader 20 Money wise celebrities 26 DC Announcement board 27 All Pro DC Newsletter Matthew 32 Service Directory Booth
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EDITOR’S NOTE Last month we looked over the last 12 months their new address? Did you hear about CPE? of Debt review industry developments. Well, head over to the “news” section for more Suddenly that feels so long ago, yes so much details. has changed. Change…hmmm. Truth is, we all like things to stay the same, no matter We interview a sports celebrity as well as how much we talk about how we want new introduce a new feature from the Alliance of experiences and to try new things, change Professional Debt Counsellors (AllProDC). Be scares us. In life, we try to find our niche and sure to check that out if you would like to learn stick to it as much as possible. We even fool more about them. You see… even things inside ourselves talking about the “good old days” Debtfree change. (they probably weren’t that good) and how great things were back then. This is just another This issue is jam packed. The team have been effort to resist change and when change does working hard to bring you a great issue, and come around we cringe. What will happen, you’ll be excited to know that our next Special will I have to learn something new? I hope not. Edition is a print version which will be available shortly, keep your eyes peeled! Things change, Well, sorry, things are changing. Even the people change, but one thing remains the National Credit Act, the foundation for the same, you want to be Debt free. Keep at it! entire debt review process, is changing. With Today you’re one day closer to that goal. the Department of Trade and Industry putting forward a Draft Amendment Bill on the NCA, things are moving ever closer to actual change. This month we look at that and the events surrounding it, as well as serving up a nice ‘ol chunk of news. FNB has moved, do you know
INDUSTRY CONSUMER NEWS FLASH For daily debt counselling news in 3 minutes or less visit www.debtfreedigi.co.za UNHAPPY PUBLIC players in the unsecured lending industry. MARCH ON BANKS They say they are concerned about distressed borrowing and the resultant vulnerability to On the 6th of July about 150 UBUNTU consumers and are determined to be proactive members marched in Johannesburg. They in addressing the problem. As such they recently were protesting against the practice of money initiated a series of talks with African Bank . The creation and securitsation. They travelled key areas discussed were high interest rates, from bank to bank delivering a memorandum reckless credit and consumer education. ‘’We demanding more information about these want to point out that this was not a name and topics. shame exercise but a proactive approach in which for the first time African Bank was able One of South Africa’s oldest (and largest) to sit down with a Debt Counsellor’s Forum law firms Norton Rose, refused to receive the and carve a way forward to the interest of the memorandum from the Marchers... so the consumer” says Randall Adams of the BDCF. crowd attached it to the gate much like a “summons” they say. The BDCF maintains that Debt Counsellors’ role in curbing the spiralling of debts through debt Of all the banks only ABSA refused. “The other counselling are not fully appreciated in the banks accepted it graciously” says Michael industry. “We want to alter the misperceptions Tellinger. and be a catalyst for positive change in consumer protection“. BDCF report that they will soon be engaging with Capitec Bank and Bayport on the same matters. BDCF MEET WITH AFRICAN BANK The Black Debt Counsellors Forum say that they DA WEIGH IN ON DRAFT are seriously concerned about the astronomical NCA AMENDMENT BILL rise of unsecured lending in South Africa and quote a 389% statistical rise in this portion of The Democratic Alliance (political party) have the credit industry within the last five years. joined in those making comments about the DTI’s Draft Amendments Bill for the National The BDCF has been initiating talks with major Credit Act You can read their proposal and
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NEWS CONT. comments (including the weird one about current Debt Counsellor users (who make use excluding bonds from debt review) here: of their system) that they have brokered a deal with NPDA (another licensed PDA) to transfer http://debtfreedigi.co.za/da-press-release- over files on the EMINENCE system to their about-proposed-nca-amendments/ care. Here is part of their correspondence: CPE will integrate Eminence with NPDA from the first of July 2013. This will imply that you as debt counsellor will not be influenced by CPE NO MORE this transformation. Eminence support will be provided by HVDM Software and thus be The National Credit Regulator recently decided serviced by ourselves. not to renew the Service Level Agreement to be a Payment Distribution Agent to CPE. CPE CPE will advise all consumers of the new or Consumer Protection Excellence has been banking details and request that you assist operating as a PDA for several years now us herein. All funds received in the CPE bank under licence from the NCR. In their letter to accounts will be distributed by NPDA after Debt Counsellors about their decision the NCR integration. Up until then CPE will conduct the indicated that the effected DCs had to switch distributions as normal. to a different Payment Distribution Agency and inform them of the NCR of their choice of CPE have asked that if any consumer or Debt new PDA by the 8th of July. This was quite soon Counsellor has any concerns that they contact after the notice went out. CPE staff at once for assistance. The NCR have further said that should the Debt Counsellor fail to inform them they will take Here are some contact addresses that those it upon themselves to choose a new PDA for effected can use: the Debt Counsellor. It seems unlikely that the Hannatjie Pienaar CEO : 083 650 6117 NCR will be able to enforce such a statement Pine Pienaar : 082 414 4804 and if this was necessary however the intent is Riaan Jacobs : 082 443 4865 clear enough: The NCR wanted effected DCs to Inus Greyling : 082 443 1195 make a choice and to do so fast. Jacques Jonker : 082 442 3026 Many DCs have been stressed due to the additional workload the forced shift has created for them and are worried about the COOMBE & ASSOCIATES possibility that the move could cause trouble COME UNDER FIRE for consumers down the line. Some banks like FNB have been very helpful and offered to In recent months there has been much assist DCs in any way they can. discussion over garnishee (or EAO) abuse. CPE themselves recently communicated with In the forefront of many of the stories is the
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firm Coombe & Associates. So bad was the NCR REPORT SHOWS publicity that there seems to have even been THAT CONSUMER DEBT a name change and massive jump ship by HAS WORSENED principle members of the firm. Now it seems that more than bad press is headed Coombe The NCR have recently released some statistics & Associates way. A Debt Counsellor has asked (as they do every few months) relating to SA for a Disciplinary hearing with the Northern credit use. The statistics show that over the last Province Law Society. few months more people have received access to credit and that more people than ever are In particular the accusations against Coombe & not repaying their debt obligations. Associates relate to: The NCR report that in the past three months, Garnishee orders which were obtained in almost 200 000 additional consumers have courts without nexus to consumer and Default been classified as having “impaired credit judgments being taken with interest rates of records”. This means that the number of 60%. (This rate can only legally apply to short consumers with poor repayment status is term credit). Although the Section 103(5) now sitting at almost half of the credit active commonly called induplum rule applies to consumers in SA (9.53 million). such judgments and prevents run away debt it is asked: is this legal? It seems that these defaults are among those consumers who recently ran out and got There will be an investigation into the matter unsecured credit in the unsecured credit boom and Coombe & Associates could face serious of the past while. This portion of the credit consequences. For more information contact market has nearly doubled since 2010. email@example.com Debt Counsellors have been warning that there was danger in this explosive growth however most other parties insist that there is FNB’S DEBT REVIEW no “bubble” or “crisis” developing in this area. CENTRE HAS MOVED OFFICES Recent reports by major banks have indicated that they expect higher default numbers on FNB Debt Review’s new address is: these accounts and this has seen bank share FNB Towers prices fall dramatically. 8th Floor 27 Diagonal Street JOHANNESBURG CBD Get daily news in 3 min or less. www. 2000 debtfreedigi.co.za/news
National Credit Act - Draft Amendment Bill What it is and what it means for you The National Credit Act has been around for and ends up with two legal cases about the 6 years now and over time it has become same account. evident that there are some minor adjustments needed to ensure that the purposes of the Act Accounts which were left out of the debt are actually met. restructuring process because of the wording of Section 129. This made no sense since the There have been a number of very obvious Section 129 letter advises consumers to go for issues in regard to Debt Review, in particular, Debt review. that will now seemingly receive attention. Reference to certain courts only in regard to Some of these issues have been: certain types of debt review activities. Lots of terminations of matters in terms of It has been proposed by the DTI that Creditors Section 86(10) were creditors simply decided not be allowed to try leave the process once it they did not want to try help the consumer is set before a court and that when a consumer through debt review and rather wanted to sue gets a Section 129 letter these accounts can be them. This creates extra costs for both parties included if the consumer acts promptly.
DTI - NCA Draft simplicity as well as corrections to some minor numbering and phrasing errors which have Amendments Public caused some rather big problems. hearings Credit providers would like to see Debt Counsellors obliged to make proposals to Over the last month and a half the Department them before making up court documents. of Trade and Industry have been holding public Debt Counsellors would like to see Magistrates meetings country wide in an effort to get the empowered to change interest rates. We will publics input on the Draft Amendments Bill now have to wait for the DTI to produce it’s that they have suggested. These meetings final proposal to see what has and has not have been held in various provinces and it is been included. The DTI have said they would hoped that they allowed the public to have like to see the proposal before Parliament early their say about the proposed changes. The next year. In the meantime all parties are still meetings were well attended country wide and operating under the current court rulings and attendees were not only given a presentation understanding of the NCA. by the DTI team but also had a chance to ask questions and make comments about areas of concern. Various important points were YOU CAN READ OVER THE DTI’S raised and the DTI team took extensive notes. INITIAL DRAFT AMENDMENT BILL The DTI also called for written comments and HERE suggestions. Creditors, members of the public, http://debtfreedigi.co.za/draft-nca-amendment-bill/ attorneys and Debt Counsellors (and more) have now had a chance to comment both on the policy document as well as the proposed changes to the Act. The DTI extended the deadline for submissions regarding the draft proposed amendments to the National Credit Act un till the 15th of July to certain industry players upon written request. The original date put forth was the end of June 2013. The DTI hope that the extension for certain intrinsic industry bodies would allow for more inclusive and comprehensive comment. The DTI will now collate all this info decide what to throw out and what to keep and use to make a final NEXT proposal to parliament. This will be the official NCA Amendment Bill. ABSA COLLECTIONS What is hoped for is more clarity, increased AGENTS THROW...
ABSA collections agents throwing away ABSA’s money?
It turns out that the consumer was indeed in arrears. A Debt Counsellor recently reported on how It is events like this that make consumers and ABSA collections contacted his client in regard Debt Counsellolrs cry: “ harassment “. Especially to arrears on his account. It seems they even in this case it is clear that there was no real threatened to take legal action in regard to financial benefit to this collections effort. arrears on the account. The consumer explained that the account is under debt review and that Questions that the DC asks are: Should the he doubted that there were any arrears as his collections agent not know the exact amount payments through debt review were up to in advance of contacting the consumer? Why date. did the debt review department not contact the DC ? And why is the system calling up these The collections agent was unable to inform small arrears amounts? Should a consumer be the consumer as to how much in arrears the threatened with the creditor’s withdrawal of account was. (Strange? You would think that involvement with a debt review and then the that was the whole purpose of the call). The threat of further legal action to collect for such consumer was naturally concerned. Had the a small amount? PDA been making payments? Was there a problem with the Debt Counsellors proposals? Think of all the stress, work created and the What was going on? costs caused by this collection call. All in all this can be classed an epic failure by this ABSA At this point the Debt Counsellor got involved. representative. it turns out that the consumer was indeed in arrears. The collections agent was correct! * ABSA were contacted about this event but did not comment. For how much? For a shocking R0.85. That’s right 85 cents. Consider this: The collections agent had to call from Gauteng to Cape Town, the consumer had to stress and the DC had to make telephonic NEXT and electronic inquiries to figure out how much the account was in arrears. All that over MONEY WISE 85 Cents. CELEBRITIES
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LETTER FROM A READER Gooday All to restructure their debt but still able to make more. This makes NO sense to me and I felt I watched TV yesterday in horror as K like it was a slap in the face of debt counsellors Malakalaka, head of complaints, representing who strive every day against insurmountable the NCR and I think it was Elias from the NDMA problems and odds to do a debt review and were interview live on SABC1. get it through the courts. Firstly they started speaking in Sotho and later Then the NCR goes live, taking calls, with the a viewer asked them to revert to English as so NDMA who are in essence representatives of many people were watching and could not the Banks? The NCR should be promoting debt understand. counselling because if it acts in this fashion it is only going to result in more consumers It was made clear that the NCR handle “reviews” failing. COMPLAINTS and not the NDMA which was a good thing. But how on earth can you explain Another point that enrages me is that if the the NCR almost “giving endorsement” to the consumer is a potential debt review and not NDMA after all that has been done to have restructure client then who does the NDMA them removed? refer them to, to do their debt review? I immediately got a staff member of mine to This clearly was not well thought out and the phone the NDMA to ask if they do debt review. NCR need to go on record that the NCA and the They replied that they did not, but could NCR are there to assist consumers, otherwise restructure a consumers debt. The next thing why have they got a mandate to do so – that they said was that they do not charge the means any “entity” can be “endorsed” by the consumer as opposed to debt counsellors who NCR to get assistance. charge high fees and that they do not place the consumer on ITC, which Debt Counsellors Debt Counsellors need some media coverage do. by the NCR as to what we do and the importance of the process being formal. Yet Now really, you now have a over indebted no training material is available and I have consumer who needs assistance – hence the requested brochures since 2008 and to date introduction of the NCA to make it a formal never received anything from the NCR. process as well as assist the consumer to budget – then you have the NDMA advocating that there is no ITC listing, thus allowing consumers DB - Debt Counsellor (Western Cape)
Matthew Booth INTERVIEW OVER THE PAGE
Matthew Booth is a central defender for Wits we (footballers) have very short careers. University Football Club who has just recently moved from Ajax Cape Town. He made his Df Qu. What have been your best and worst football debut for South Africa in February financial decisions? ‘99, against Botswana at the Cosafa Castle Cup and has played for Bafana Bafana 27 times. M: My worst is almost always cars. During Matthew has even represented South Africa in trade-in time I’ve realised how much money the Olympic Games in 2000. We spoke to him I have lost due to the time/distance/value about how he handles his money. equation. Besides my wife, my best investment has always been, and always will be property. Df Qu. Matthew, you are a famous, successful Even though renting property out can be a sports star. Surely you have lots of money, pain in the rear, there is something tangible Ferraris and bling. You don’t have to worry about owning property. about tough times and economic recessions, right? Df Qu. What are you currently doing to plan ahead for the tough times (economically) to M: This is a stereotype which South African come? footballers have tried unsuccessfully to eliminate. Society expects us to be ‘blingy’ and M: I haven’t necessarily planned for the ‘tough footballers (especially young ones) are often times ahead’ as so much as to plan for a future pressured into making bad investments (eg. without a regular salary (ie. once I retire). buying a car before he has a house). The English The best thing I did was to sit down with my Premier League pays players exorbitant salaries wife and a finacial advisor from my bank who and for some reason people think that this is clarified and advised us on what to do so that the case in SA. I am not overly concerned about our standard of living would not drop once we the current economic woes but I have certainly retire. always been worried about my money after I retire which has required me to invest wisely as
Df Qu. What do you say to consumers who are Senior career* always running out of money at the end of the Years Team appearances goals month? 1994–1998 Cape Town Spurs 92 (5) M: Stop living beyond your means and for 1998–2002 Mamelodi Sundowns heavens sake, stop trying to compete with the 114 (6) Jones’ because ultimately it’s not worth it. If 2001 → Wimbledon (loan) you don’t have the cash for it then you can’t 0 (0) afford it. 2002–2004 Rostov 52 (1) Df Qu. Do you have any money saving tips for 2004–2009 Krylia Sovetov our readers? 107 (7) 2009–2011 Mamelodi Sundowns M: Take a moment to step out of your body 38 (0) and analyse what you spend your money on. 2011–2013 Ajax Cape Town Most people don’t even realise that they are 40 (5) spending cash on things which they don’t National team‡ need because it has become such a habit. 1999– South Africa 37 (1) NEXT ANNOUNCEMENT BOARD...
DC Partner has representatives country wide who visit our Debt Counsellor clients every month. If you are in the Garden Route and East- ern Cape areas here is your local contact person: Arnold Steyn I see Debt Counselling as a wonderful rehabilitation program for people who can admit that they are over indebted. Working for DC Partner has been an absolute privilege and has given me the opportunity to meet some exceptional Debt Email firstname.lastname@example.org Counsellors who truly have a passion for helping Tel 071 177 1909 people in need. !nterests: Action Cricket, Pizza and Mobile 044 873 4530 my crazy dog Bacchus.
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DEBT COUNSELLORS ASSOCIATIONS ANNOUNCEMENT BOARD DCASA W.Cape Debt Review EXPO DCU Watch SABC’s Special Assignment all about 24th July 2013, Parow Golf Course Securitisation and money creation here: Meet, ask questions and chat at length with http://debtfreedigi.co.za/sabc-special-as- various bank’s Debt Review Departments. signment-expose-securitisation/ DCASA Annual Conference Securitisation translated into Zulu 21 Aug, Emperors Palace, Guateng : http://downloads.newera.org.za/Securi- Speakers: Ingrid Goodspeed (Treasury) tisation%20-%20Zulu.docx Please note that Dawie Roodt (Economist) Lesiba Mashapa NewERA does not take responsibility for this transla- (NCR) Hennie Ferreira (MFSA) Rob Easton- tion which was (very gratefully) completed for us by berry (Retail) Louis de Cruz (Banks) a volunteer. DCASA welcomes Christina Muzondo to the team For more information contact: http://www.dcasa.co.za/forum/index.php email@example.com www.dcasa.co.za www.newera.org.za The next NEC meeting will be held in Cape BDCF have met with African Bank to dis- Town on 25 July 2013 cuss trends and challenges in regard to unsecured lending. African Bank offered In our ongoing efforts to improve our indus- to come talk to members at the July meet- try AllProDC met with DCASA this month to ing about improving communication with look at ways the two associations can work DCs. BDCF will be meeting with Capitec and together for the benefit of all Debt Counsel- Bayport next. lors. The July BDCF seminar : 19th July at the Al- Look out for our Newsletter in this issue of berton Civic Centre, Email firstname.lastname@example.org Debtfree DIGI for more information www.bdcf.co.za www.allprodc.org
Alliance of Professional Debt Counsellors Newsletter The Alliance of Professional Debt Counsellors is an association for Debt Counsellors who are commited to the debt review process as outlined in the National Credit Act. They hold regular members meetings (which can be linked to online from around the country) and are busy with initiatives to improve the industry. AllProDC are busy every month meeting with important industry role players in an effort to promote and protect debt review. You may be wondering what they have been up to recently? Well, Debtfree is happy to announce that, as of this month, you can now find out by reading their monthly newsletter inside the magazine itself. Sometimes a lot of the hard work that Debt Counsellors and Debt Counsellor Associations are busy with goes unnoticed by fellow DCs and consumers. It will be great to now see some of that behind the scenes action revealed right here. AllPRoDC will be updating not only their members but our readers with the highlights of their activity each month. Debtfree wants to extend a warm welcome to AllPrDC and we look forward to seeing what you have been up to. READ THE NEWSLETTER ON THE NEXT PAGE
All Pro DC is proud to announce that we will and regulation 56 and keep all documents now be featuring our monthly newsletters in safe keeping for the duration of the credit to all our members and interested parties in agreement and for the period thereafter as per Debtfree Magazine each month. the requirement of the Act. – DC’s are currently experiencing that Credit providers claim that Since the inception of All Pro DC in October the documents were lost or burnt in a “fire” 2011 we have grown from strength to strength when requests for documents for reckless thanks to our dedicated members and very credit is investigated. functional social media interaction with all stakeholders in the debt counselling industry. THE COC OF THE NCR – SUBMISSIONS The Code of Conduct submissions have been We would like to thank our members and the distributed to all the members and submitted NEC for their participation in this association to the NCR for consideration. The detailed and that due to their efforts we are now document is available upon request from recognised by organizations such as DTI, BASA, email@example.com NCR and various other stakeholders. THE NCA AMENDMENT PROPOSAL - THE PROPOSED AFFORDABILITY SUBMISSIONS ASSESSMENT GUIDELINES We have now finalized our submission to DTI for comments on the NCA Draft Amendment All Pro DC has submitted a proposal for the Bill. affordability assessment guidelines to the NCR which includes the following amendments to MEETING WITH DCASA - JULY 2013 the current proposed guidelines: All Pro DC have met with DCASA (17 July 2013) to consider ways we can work together for a 1.The consumer must provide proof of income; better future for all Debt Counsellors. 2.When referring to expenses the basic cost of living must be defined as per the current CONTACT DETAILS reasonable economic expectancies – the firstname.lastname@example.org NCR must provide guidelines on reasonable FORUM: www.debtconcern.webs.com consumer expenses; 3.Current and historical credit information as WEBSITE: www.allprodc.org per section 81(2)(a)(ii) as listed with one or more of the credit bureaux’s must be included FACEBOOK: www.facebook.com/AllProDC in the guidelines; TWITTER: www.twitter.com/AllProDC 4.Credit providers must adhere to Section 170
SERVICE DIRE DEBT COUNSELLING AA Debt Counselling Centre Anthea Johannes NCRDC531 Tel: +27 (0) 21 982 0522 Debt Rescue Cell: +27 (0) 84 402 7032 Neil Roets NCR DC 474 Alan Watts DEBTINC Cell: 083 644 7406 NCRDC 962 NCRDC’s 1071, 1188, 1189. Tel: 0861 800 009 NCR registered Debt Counsellor Tel: (022) 713-2021 Fax: 086 523 0617 Tel: 084 4448439 Fax: 086 6501954 Fax: (022) 713-2028 E-mail: email@example.com firstname.lastname@example.org Share Call: 0861 20 21 20 www.debtrescue.co.za www.active-debt-counselling.co.za E-mail: Info@debtinclusive.co.za Website: www.debtinclusive.co.za Central SA Debt Counsellors SMS: HELP to 35075 082 950 7806 Fax: 086 563 1621 DebtSafe 0861 100 999 Consumer Assist Johann Vermeulen Debt Serious Tel: 0861 628 628 We are serious about debt Debt Management & Counseling Vida Scheepers NCRDC1792 Services Credit Matters Po box 394, “The greatest glory in living 021 431 9100 Garsfontein, lies not in never falling, email@example.com Pretoria 0042 but in rising every time we fall.” Fax no: 086 553 9403 - Nelson Mandela CS Debt Counselling firstname.lastname@example.org Derry Burge NCRDC108 Bernidene Smith NCRDC 764 140 Irene Avenue, La Concorde, 057 352 4115/352 5000 Debt Rehab Somerset West, 7130 Welkom - Free state Colleen Van Wyk(BCom, LLB) Tel: 021 855 5997 Debt Counsellor NCRDC2619 Cell: 074 177 5375 Darran Manikam Tel: 083 290 0848 Fax: 021 855 1195 or 0865413200 NCRDC704 Tel: 011 740 7374 E-mail: email@example.com firstname.lastname@example.org Fax: 086 716 9694 Website: http://debtrehab.co.za Durban Debt Counselling Services Debtbusters Suite 112, 0861 663 328 (NO DEBT) Debt eezy 1st floor Union Club Building Your Debt Solution made Easy 353 Sm ith Street Debt Budget Ashley Carstens NCRDC858 Durban, 4001 Tel: 021 824 8885 Tel: 021 839 2809 Tel: 031 301-7893 Fax: 083 512 4160 / 086 665 9125 Fax: 031 301-5809 Debt Solve Debt Counsellors Email: email@example.com firstname.lastname@example.org Office: 033 397 0945 Website: www.thedci.co.za
ECTORY Debt Counselling South Africa Help-U-Debt (Parys) Cape Town Branch Marilouise Tel: 021 919 66 94 082 920 6249 The best angle to approach Rod De Witt debt is the Triangle NCRDC831 Help-U-Debt (Vanderbijlpark) Visit: www.debtcounsellingsa.co.za Herma Caledon - Western Cape 083 320 8303 Contact Person: Yolande 8 Hoop Street, 7230 Caledon Incentive Debt Counselling email@example.com “Paving the way to a Debt Free Tel: 028 212 2537 Tommorrow” Darran Manikam Ceres - Western Cape NCRDC704 Leyll str 61, 683 Ceres Fair Finance Solutions Tel: (031) 409 9379 firstname.lastname@example.org Your debt is our priority Fax: (031) 409 1327 Tel: 023 312 1292 Amanda Fair Cell: 0845898286 Fax: 023 312 2119 Registered Debt Counsellor NCR946 Branches: Phoenix and Shallcross 553 Jacqueline Drive Worcester - Western Cape Garsfontein Pretoria Indigo debt counsellors CC 71 Porter Street 6850 Tel: 0861 26 26 32 Tel: 087 808 9734 Longitude: 19.44305 Fax: 082 921 7093 Fax: 086 580 8675 Latitude: -33.64942 Cell: 086 564 3674 email@example.com firstname.lastname@example.org email@example.com Tel: 0233420576 www.fairdebtcounselling.co.za MG Consulting Fax: 086656801 Strand - Helderberg Area Fincorp debt Counsellors cc Telkom : 021 853 4537 Bloemfontein - Free State Cecilia Zwarts Mobile Phone: 082 450 7459 94 Zastron, 9301 Bloemfontein firstname.lastname@example.org Fax Number: 0866 220 690 Contact Person: Yolande E-Mail: info@mgconsulting email@example.com Holistic Debt Counsellors www.mgconsulting.co.za Tel: +27 51 448 2828 firstname.lastname@example.org Fax: +27 51 447 9481 Helpdesk Debt Counsellors Viljoenskroon - Free State Allan Hoffman 35 Denyssen Street, 7230 Tel: 0861 000 754 Contact Person: Johann Olivier email@example.com Help-U-Debt (Vaal Triangle) Phone: +27 56 343 0352 Wanine Fax: +27 56 343 035 Tel: 082 445 3967 Mzansi Debt Counselling Octavia Hlatshwayo Welkom – Free State Help-U-Debt (Potchefstroom) Tel: 011 868 1185 329 Stateway, 9460 Welkom Madra Fax: 0861 00 22 70 Contact Person: Susan Roux 083 390 3275 firstname.lastname@example.org Email: email@example.com www.mzansidc.co.za Tel: +27 57 352 6117 Fax: +27 57-352 2355
SERVICE DIRE EASTERN CAPE: DRS PORT ELIZABETH Derryn Fish DRS ALBANY Cell: 084 515 6135 Office: 041 373 9693 Office: 041 453 8961 Email: firstname.lastname@example.org Email: email@example.com BORDER REGION: DRS ALGOA DRS SIDWELL EXPRESS Marius Weyers Keith Le Roux DRS BEACON BAY Cell: 083 497 3219 Cell: 073 207 1675 Johan Pretorius Email: firstname.lastname@example.org Office: 041 451 0474 Cell: 082 324 4038 Email: Keith@drssa.co.za Office: 043 748 1139 DRS BOND CHOICE DRS SOMMERSET EAST DRS BUFFALO CITY Andrea Atkinson Luther De Bruyn Herman Marias Office: 041 393 7000 Cell: 082 568 2970 Cell: 082 378 3743 Email: email@example.com Office: 042 243 1107 Office: 043 7210652 Email: firstname.lastname@example.org DRS CENTRAL EXPRESS DRS KING WILLIAMS TOWN Derryn Fish DRS UTENHAGE Herman Marais Office: 041 373 9693586 2020 Lynn Lindoor Cell: 082 378 3743 Email: email@example.com Cell: 083 7174 183 Email: firstname.lastname@example.org Email: Lynnl@drssa.co.za DRS DESPATCH DRS CRADOCK Isabe Landman Office: 043 721 0652 Cell: 072 337 3328 FREESTATE: Office: 041 933 1189 DRS QUEENSTOWN Email: email@example.com DRS GOLDFIELDS (Welkom) Herman Marais DRS HUMANSDORP Irvin Billy (Derryn Fish) Cell: 082 378 3743 Morne Steyn Cell: 072 114 4427 Email: firstname.lastname@example.org Cell: 083 298 8182 Office: 081 319 0083 Office: 042 291 0135 Email: Billy@drssa.co.za Email: Morne@drssa.co.za DRS MTHATHA DRS MANGAUNG Herman Marais DRS NKONKOBE (Fort Beaufort) Amanda Johnson Cell: 082 378 3743 Bernadine von der Decken Office: 041 373 9693 Email: email@example.com Cell: 083 2859289 Email: firstname.lastname@example.org Office: 046 645 1898 Email: email@example.com DRS FOREISTATA EXPRESS DRS KIRKWOOD (Bloemfontein) Keith Le Roux Derryn Fish Cell: 073 207 1675 Office: 041 373 9693 Office: 041 451 0474 Email: firstname.lastname@example.org Email: email@example.com
ECTORY DRS SOUTH FREESTATE DRS PRETORIA NOORD DRS PIETERMARITZBURG Nelmarie De lange Office: 041 373 9693 Sanele Zulu Cell: 079 236 3615 Email: firstname.lastname@example.org Cell: 083 543 3487 Office: 053 591 0734 Office: 033 394 8319 Email: email@example.com DRS ROODEPOORT EXPRESS Email: firstname.lastname@example.org Derryn Fish Office: 041 373 9693 WESTERN CAPE: GARDEN ROUTE: Email: email@example.com DRS BELLVILLE DRS DE AAR DRS RUSTENBURG Patricia Bekker Veronique Louw (Derryn Fish) Amanda Johnson Office: 021 948 8523 / 4 Cell: 076 382 2020 Office: 041 373 9693 Email: firstname.lastname@example.org Office: 053 631 1189 Email: email@example.com Email: firstname.lastname@example.org DRS DIAMOND Clive Palmer DRS GEORGE KWA ZULU NATAL: Office: 021 421 8563 Francois Van Zyl Email: email@example.com Cell: 079 522 1930 DRS GREYVILLE Office: 044 874 2820 Vyas Juggernath DRS TYGERBERG Email: firstname.lastname@example.org Cell: 083 206 0300 Craig Lakey Office: 031 309 8716 Cell: 082 627 0957 DRS EDEN (Hartenbos) Email: email@example.com Office: 021 945 4062 Bruno Mertsch Email: firstname.lastname@example.org Tel: 042 291 1083/4 DRS KOKSTAD Email: email@example.com Melanie Louwrens DRS WEST COAST Cell: 083 269 0424 Marius Coetzee Office: 039 727 1430 Cell: 082 978 4407 GAUTENG: Email: firstname.lastname@example.org Office: 022 713 3766 Email email@example.com DRS CENTURION EXPRESS DRS MORNINGSIDE DURBAN Amanda Johnon Erica Mtshali (Amanda Johnson) DRS SALDANHA Office: 041 373 9693 Cell: 076 578 8660 Marius Coetzee Email: firstname.lastname@example.org Office: 031 301 5990 Office: 022 713 3766 email email@example.com Email: firstname.lastname@example.org DRS LYNNWOOD Junique Julius DRS PHOENIX DRS SOLUTIONS Office: 012 807 4339 Vyas Juggernath Christelle de Villiers Email: email@example.com Cell: 083 206 0300 Cell: 084 586 5600 Office: 031 309 8716 Email: firstname.lastname@example.org DRS PRETORIA EXPRESS Email: email@example.com Ben Vermeulen Cell: 082 442 8654 Office: 012 331 2145 Email: firstname.lastname@example.org
SERVICE DIRE NDA Debt Counsellors U-Win Debt Counsellors TRAINING Your Trusted Debt Counsellors Coreli Roos - NCR DC 509 Gary Williams (NCRDC 143) Aliwal North, Burgersdorp, Bethulie, Tel: 034 315 3880 GariepDam, Smithfield, Fax: 086 612 4112 Springfontein email@example.com Cell:079 626 66241 www.ndad.co.za firstname.lastname@example.org Zuné Coetzer Debt Counsellors Compuscan Academy NCRDC 1599 Setting you on course 24 van der Stel Street, Dan Pienaar Sales team: Megan, Marco, Priscilla, Bloemfontein Wouter, Monique Penny Wise Debt Counselling Tel: 051-4364515 email@example.com Cathy Foster Fax: 086 5870 845 Tel: 021 888 6000 Debt Counsellor - NCRDC1977 Email: firstname.lastname@example.org www.compuscanacademy.co.za Tel: (011) 794 9912 Fax: 086 719 3378 You & Your Money Mobile: 083 298 4467 SUPPORT SERVICES Western Cape: NCR Debt Counsellor Email: email@example.com Training: For a Cutting Edge Course www.pennywise.co.za Staff Line Ndizani Executive with practical input contact: You & Recruitment Your Money Rihanyo Debt Counselling Cell no: 083 3028163 Dawn Jackson (012) 804 50 57 Direct Line: (011) 468 - 2150 Dawnjackson.training@telkomsa. E- Mail: firstname.lastname@example.org net SFA Debt Relief Consultants Cell: 072 1769789 Adri de Bruyn (021) 761 3287 NCRDC998 11 Market Street / Markstraat 11, Paarl, 7646 FINANCIAL Tel: 021 872 1968 Fax: 021 872 2678 Information resources & services ABSA Customer Debt Repair Line email@example.com www.thedci.co.za 0861 005 901 Think Green Debt Counselling Designtimes Credit Ombudsman Sandi Pauw South Africa’s creative resource 0861 662837 firstname.lastname@example.org www.designtimes.co.za Tel : 012 991 6638 Experian Cell : 082 460 7800 011 799-3400 Fax : 086 219 2615 email@example.com Fair Debt 0829019788 or 012-3772558 firstname.lastname@example.org
ECTORY PACFIN Financial Solutions STD Bank LUCID Attorneys Head Office Debt review Helpline Tel: 011 880 1100 Tel: +27 11 9757445 Telephone: 0861 111 402 Fax: 011 880 1101 Fax: 0865368783 Email: email@example.com 36 Van Riebeeck road TransUnion www.lucidliving.co.za/attorney Kempton Park 1619 0861 482 482 firstname.lastname@example.org Monte Carlo Building Thinkmoney No 8 Voortrekkerstreet Financial comparison website Kempton Park 1619 Contact: Gareth Mountain Tel: 079 0996 798 Kempton Park www.thinkmoney.co.za O’Connell & Associates Contact: Reyno Coetzee Attorneys at Law Tel: +27 11 3945363 WIZARD Vereeniging Keegan O’Connell Fax: 0866048002 Making Mortgage Magic email@example.com Cell: +27 73 3690884 Wanine Smit Tel 021 462 1663 firstname.lastname@example.org Tel:+27 16 454 1132 Fax 0866 504 550 Boksburg / Germiston Fax:+27 86 686 3678 303 Millborough, 70A Upper Mill Contact: Armand Posthumus Cell:+27 82 445 3967 Street, Vreedehoek, Cape Town, Tel: +27 11 8921911 www.wizard.za.com 8000 Fax: 0865620378 Prinsloo & Associates Nelspruit FINANCIAL PLANNING Attorneys and conveyancers Contact: Ann Baker Nanika Prinsloo Tel: +27 13 7415559 Eric Streso Farm Bergamot, Paarl 7620 Fax: 0880 1374 15559 Financial Planner P O Box 6199, Paarl 7620 Cell: +27 82 9024236 B Juris LL B CFP MBA 14 Laing Street, Barrydale 6750 email@example.com Tel: 0833273358 Cell: 072-8558-106 Springs Fax: 086 612 7912 Fax: 086-623-5986 Contact: Wynand Mclachlan firstname.lastname@example.org Tel: +27 11 8113728 www.empowerlaw.co.za Fax: +27 11 8113728 LEGAL Cell: +27 83 2754014/5 RM Brown and Associates email@example.com 601 Pier House, 13 -17 Heerengracht, Gooseberry Business Advisory Cape Town Tel: 012 644 0589 Tel: 021 431 9127, f: 021 425 0875 Email: firstname.lastname@example.org Nedbank Karen van Staden Debt Rehabilitation & Recoveries Tel: 012 998 9117 / 012 993 2132 Scheepers Attorneys Services Fax: 086 721 6467 / 086 662 1153 Gerhard Scheepers Is it time to expand your Debt Counselling 0860 109 279 Email: email@example.com firstname.lastname@example.org practice? email@example.com Dowww.hauptearle.co.za you need specialist Attorneys with a national footprint? Do you need expert advice on how to protect your practice and your clients? Are you informed about recent statutory and
DIRECTORY CREDIT BUREAUS Dont miss out Compuscan 0861 514 131 on a single www.compuscan.co.za issue! Computer Profile Bureau 0861 28 7328 www.c-p-b.co.za South Africa’s debt counselling magazine Experian Steyn Coetzee Attorneys / www.experian.co.za Prokureurs Business- 0861 63 60 70 Adri de Bruyn Consumer- 0861 10 5665 11 Market Street / Markstraat 11, Paarl, 7646 Micro Lenders Credit Bureau Tel: 021 872 1968 0861 28 7328 Fax: 021 872 2678 www.mlcb.co.za THE adri@steyncoetzee.Co.Za TransUnion Debt Counsellors DAVINCI Agiliti CC 0861 886 466 CODE Colleen Van Wyk(BCom, LLB) www.transunion.co.za May 2013 www.debtfreedigi.co.za Tel: 083 290 0848 Tel: 011 740 7374 XDS Fax: 086 716 9694 0860 937 000 Website: http://agiliti.co.za www.xds.co.za South Africa’s debt counselling magazine June 2013 www.debtfreedigi.co.za 6 YEARS If you want to subscribe, advertise or be listed in our directory please contact us! magazine@ debtfreedigi.co.za
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