20°C / 22°C
  • Tue
  • 17°C
  • 13°C
  • Wed
  • 22°C
  • 13°C
  • Thu
  • 24°C
  • 10°C
  • Fri
  • 22°C
  • 11°C
  • Sat
  • 24°C
  • 13°C
  • Sun
  • 26°C
  • 14°C
  • Tue
  • 25°C
  • 15°C
  • Wed
  • 24°C
  • 15°C
  • Thu
  • 27°C
  • 16°C
  • Fri
  • 25°C
  • 17°C
  • Sat
  • 21°C
  • 14°C
  • Sun
  • 18°C
  • 13°C
  • Tue
  • 19°C
  • 15°C
  • Wed
  • 24°C
  • 14°C
  • Thu
  • 26°C
  • 13°C
  • Fri
  • 24°C
  • 14°C
  • Sat
  • 26°C
  • 14°C
  • Sun
  • 28°C
  • 16°C
  • Tue
  • 19°C
  • 13°C
  • Wed
  • 23°C
  • 12°C
  • Thu
  • 24°C
  • 10°C
  • Fri
  • 24°C
  • 12°C
  • Sat
  • 26°C
  • 14°C
  • Sun
  • 28°C
  • 14°C
  • Tue
  • 23°C
  • 18°C
  • Wed
  • 25°C
  • 18°C
  • Thu
  • 22°C
  • 19°C
  • Fri
  • 24°C
  • 19°C
  • Sat
  • 26°C
  • 20°C
  • Sun
  • 24°C
  • 17°C
  • Tue
  • 22°C
  • 16°C
  • Wed
  • 22°C
  • 17°C
  • Thu
  • 22°C
  • 16°C
  • Fri
  • 23°C
  • 16°C
  • Sat
  • 23°C
  • 16°C
  • Sun
  • 19°C
  • 15°C
  • Tue
  • 30°C
  • 16°C
  • Wed
  • 28°C
  • 17°C
  • Thu
  • 32°C
  • 16°C
  • Fri
  • 30°C
  • 18°C
  • Sat
  • 21°C
  • 12°C
  • Sun
  • 19°C
  • 9°C
  • Tue
  • 26°C
  • 16°C
  • Wed
  • 25°C
  • 17°C
  • Thu
  • 28°C
  • 17°C
  • Fri
  • 25°C
  • 17°C
  • Sat
  • 21°C
  • 13°C
  • Sun
  • 16°C
  • 11°C
  • Tue
  • 20°C
  • 16°C
  • Wed
  • 26°C
  • 14°C
  • Thu
  • 29°C
  • 13°C
  • Fri
  • 25°C
  • 16°C
  • Sat
  • 28°C
  • 16°C
  • Sun
  • 28°C
  • 16°C
  • Tue
  • 20°C
  • 13°C
  • Wed
  • 26°C
  • 12°C
  • Thu
  • 27°C
  • 11°C
  • Fri
  • 30°C
  • 13°C
  • Sat
  • 31°C
  • 16°C
  • Sun
  • 31°C
  • 13°C
  • Tue
  • 18°C
  • 14°C
  • Wed
  • 27°C
  • 14°C
  • Thu
  • 25°C
  • 15°C
  • Fri
  • 23°C
  • 14°C
  • Sat
  • 25°C
  • 16°C
  • Sun
  • 32°C
  • 14°C
  • Tue
  • 22°C
  • 13°C
  • Wed
  • 23°C
  • 16°C
  • Thu
  • 24°C
  • 15°C
  • Fri
  • 26°C
  • 16°C
  • Sat
  • 24°C
  • 14°C
  • Sun
  • 19°C
  • 12°C

NDMA concerned about debt

The NDMA urged debt stricken consumers to seek help before legal action can be taken.

The NDMA urged debt stricken consumers to seek help before legal action can be taken. Picture:sxc.hu.

JOHANNESBURG - The National Debt Mediation Association (NDMA) said on Saturday that at the end of the June quarter, nearly 19,6 million credit active consumers had not been in good standing.

According to figures by the National Credit Regulator, the number of consumers who were unable to pay their debt increased to 9,2 million from 9,05 million in the previous quarter.

The number of consumers regarded as being in good standing fell by 60, 000.

The increase has been attributed to high levels of unemployment, combined with heightened levels of real inflation.

The NDMA's Magauta Mphahlele has urged debt stricken consumers to seek help before they are taken to court.

"What is of concern is that we have about three million people that are three or more months behind in their repayments which means those are the consumers that are most vulnerable to legal action."

Comments

EWN welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

- Racism (including offensive comments based on ethnicity and nationality)
- Sexism
- Homophobia
- Religious intolerance
- Cyber bullying
- Hate speech
- Derogatory language
- Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the EWN community a safe and welcoming space for all.

EWN reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

EWN is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

comments powered by Disqus