Debt review ****- Luthando

I am writing this to warn the public about the predatory and deceptive tactics used by this company. I was contacted by an agent named Ashley or Luthando who claimed to be calling from the NCR (National Credit Regulator).

The ****: Ashley or Luthando offered me a "legitimate opportunity" to reduce my debt interest rates. When I specifically asked if there was a catch or if this was Debt Review, he explicitly **** and said "No." He then pressured me to sign an online form immediately.

The Red Flags: After signing the form, I was told to send my highly sensitive documents—including my ID and bank statements—directly to a WhatsApp number for Ashley's attention. He promised to call back in 10 minutes.

The Confrontation: During those 10 minutes, I did my own research and realized this is a common bait-and-switch **** used to trick people into Debt Review without their informed consent. When Ashley or Luthando called back, I confronted him. Instead of being professional, he gave me a bizarre instruction to go to a Capitec branch the next morning to "enquire" about it—a clear attempt to validate his **** through a reputable bank.

Conclusion: I am disgusted by the lack of ethics and the blatant misrepresentation of the NCR. I have demanded an immediate cancellation of my application and a formal rejection letter.

Avoid this company at all costs. They lie about who they are and the services they provide.