Distribution of funds

Does your software distribute money collected correctly and what are your risks? Section 126(3) of the National Credit Act deals with the allocation of payments received from debtors and expressly provides as follows: (3) A credit provider must credit each payment...

Fees you should not be charging

Are you over-charging or charging fees that are not allowed? In the same way as a plumber knows what he charges for a call-out fee or for a replacement of a tap, every debt collector should know what they are entitled to charge for the services they deliver. One...