Yilungelo Lakho discussed the debt review process, it’s pros and cons and how consumers can avoid being tricked into debt review by dubious service providers with Mmadikwa Phoshoko from the NCR and Noxolo Sono from Sonox Debt Solutions.

For more news, visit sabcnews.com and #SABCNews on all Social Media platforms.

Access to courts to resolve disputes and get justice is a right granted to all South Africans. But to many, exercising that constitutional right remains a pipe dream. However, the introduction to Court Annexed Mediation to resolve disputes in our court system, is set to bring the poor closer to obtaining justice. What will this move entail?

Watch Yilungelo Lakho every Friday at 13:30 on SABC 1. Catch the programme again on Mondays at 09:30 on SABC 1.

Yilungelo Lakho an interactive live show, aims at informing and educating consumers on their rights. Every Friday we focus on a particular topic for the entire hour – kicking off with an insert which serves as a background/scene setter, after which our studio guests/experts or commentators analyse the issue. Telephone lines are open during the whole show for viewers to participate.

consumer@sabc.co.za
www.facebook.com/yilungelolakho
Twitter @yilungelo

For more news, visit sabcnews.com and also #SABCNews #Coronavirus #COVID19News on Social Media.

We educate consumers about the debt review program, what it means to be under it – pros and cons; who qualifies to be under debt review; who one applies to be under the program; the dangers of dodgy debt collectors and all pertinent issues around debt review, including how consumers can get legal recourse should they be exploited in the process.

For more news, visit: sabcnews.com

The Debt Review process was introduced to take off the pressure from over-indebted South African consumers. But the process has had unintended results, consumers’ complaints often do not get resolved. Now in an attempt to speed up the process of handling complaints and making the system efficiently, the National Credit Regulator has now taken over complaints from dedicated agencies such as the office of the Credit Ombudsman and the National Debt Mediation Association, all to improve the lives of over-indebted consumers.

Watch YilungeloLakho every Friday at 13:30 on SABC 1. Catch the programme again on Mondays at 09:30 on SABC 1.

YilungeloLakho, an interactive live show, aims at informing and educating consumers on their rights. Every Friday we focus on a particular topic for the entire hour – kicking off with an insert which serves as a background/scene setter, after which our studio guests/experts or commentators analyse the issue. Telephone lines are open during the whole show for viewers to participate.

consumer@sabc.co.za
www.facebook.com/yilungelolakho
Twitter @yilungelo