Prescribed Debt

Good Day,

Then please advise why I have NRB risk, contacting me every day ,wrt a Babareki Loan. They claim you are their client , there is an account number and a credit agreement type. I have lodged a complaint with the NCR ,the debt collector council.Please see below email. I have requested from them proof of the account , account open date, last payment date ,that is within the 3 year stature limitation, and then they go quiet, 2 days later I have a different agent, threatening me again, and my reply stays the same.

Please read the part where it states that this 'loan arrears' is exceeding the 20 days. So that is too say, that this loan was taken recently. where I can draw my credit report, that I have no outstanding loans or any loans on my credit report.
 Our Client / Credit Grantor:Babereki
Credit Agreement Type: 85637
Account Number: 65551188001
Capital Amount Owing: R3,191.58
Interest Owing to Date: R0.00
Expenses and Fees to Date: R528.03
Total Amount Due: R3,719.61

MS T 

Dear Sir / Madam

We represent Babereki, your Credit Grantor under the abovementioned Credit Agreement.

Our client has instructed us to issue this formal notice to you, due to your failure to fulfill your payment obligations under the said agreement. As a result, your account is in arrears for a period exceeding 20 (TWENTY) business days, with the outstanding amount detailed above.

In accordance with Section 129, read in conjunction with Section 130 of the National Credit Act 34 of 2006, you are hereby advised to consider the following options:

1. Consult a Debt Counsellor to review your financial position.
2. Refer the matter to an Alternative Dispute Resolution Agent to seek an amicable resolution.
3. Refer the matter to the Consumer Court for adjudication.
4. Refer the matter to the Ombudsman with relevant jurisdiction.

Failure to respond within 20 (TWENTY) business days from the date of this notice might result in the following actions by our client:

1. Referral to TransUnion ITC for the registration of a default judgment, inclusive of legal costs. Such judgment will be recorded by the Credit Bureaus and may remain on record for up to 5 years, adversely affecting your creditworthiness.
2. Legal Enforcement of the agreement through the Court, which may include obtaining an Emolument Attachment Order, Summons, or Warrant of Execution.

Please be advised that all of our client's rights under the Credit Agreement remain fully reserved.

Shari Tatum Kelly
010 594 0653




Shari Kelly
Team Leader : JHB

| T: 010 594 0653 | F: 086 206 7897 |

Cnr Sailor Malan Drive and Aerodrome Road
Ground Floor, Building 2 , Omni Park
Aeroton, 2013