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Additionally they introduced data referring to the challenges within the business.
At the moment, the NCT can solely deal with particular debt overview issues however they’ve capability to deal with many extra issues and might be used to take stress off the already strained (and costlier) courtroom system
They wish to help within the state of affairs the place a shopper is already overwhelmed by debt and over indebted. This could require modifications to the Nationwide Credit score Act (NCA).
Additionally they talked about that they’re unable to alter or cancel the consent orders they grant. To repair this, the legislation wants just a little tweaking, they usually hope the Act might be amended accordingly.
‘solely round 200 out of 1700 energetic, registered Debt Counsellors are utilizing their providers’
Moreover, they’ve observed that solely round 200 out of 1700 energetic, registered Debt Counsellors are utilizing their providers, principally from the Western Cape. So, they’re wanting to get extra purchase in from extra Debt Counsellors throughout the nation.
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