1 reviews | Active since Member
The DTI is registering Debt Review Companies,ie: Mdalisu and CDS Consulting (PTY) LTD etc. These Debt Review companies' extremely nice agents call vulnerable individual disguising themselves as government initiative to reduce the interest rates charged by service providers. 1. They have all the victims' full names; ID numbers and Bank Detail. 2. They activate Debit Orders against people's bank accounts while the victims are still shocked of their good to be true offers, they vanish without a trace for questions or decline their offers. 3. The big banks such as FNB allow Debit Order to go through without DebiCheck Mandate or Court Order. 4. Moreover, they are failing to reverse the Debit Orders created by these Debt Review Companies. Which means these companies have more power than the banks. 5. They are even more powerful than the National Credit Regulator.