Consumer Welfare Debt Counselling

Consumer Welfare Debt Counselling This page is about consumer education, empowering consumers with simplified information in order for all uninformed consumers to exercise their rights.

As a result of the National Credit Act, credit industry has been regulated and that has been beneficial to all South African consumers. The purpose of the Act are to promote and advance the social and economic welfare of South Africans, promote a fair, transparent, competitive, sustainable, responsible, efficient and accessible credit market and industry, and to protect consumers. Lack of financial literacy is what exposes many consumers to be victims of the credit system, specifically debt collection. This page provides access to information related to:
Buying on credit
Debt collection that involves the following:

Prohibited fees on handed over accounts. Debt Relief option to consumers. Difference between debt collector and a lawyer on handed over accounts. Repossession (e.g) house,car and furniture. Credit Bureau disputed.

18/03/2015

There is power in knowledge, we live in a world where terms and conditions are written in small prints, industry law jargon and the price tag in captital letters.

Take the power back by taking time to read.

14/03/2015

Did you know? World War 4 has started in SA, well trained soldiers speaks with terms only, ordinary citizen seem not to understand that special language (credit terminology).At the moment troops are all over the land invading , they in the townships, sub burbs ,flats, shacks no peace we all debt trapped. The only free guys is the homeless.

Address

53 St Georges Road, Malcomes Park Shopping Centre, Southern Wood
East London
5201

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