Yilungelo Lakho: Debt collectors

How does a R500 debt end-up being a R10 000 headache? Many consumers whose debts have been handed over for collection find this extremely puzzling. Why it is that debt collector are able to charge exorbitant fees in the face of consumer protection laws and regulations that deem such a practice as unfair.
Hilton Dube
Garnishee audit specialist: Summit Financial Partners

Tekani Mabasa
Registrar: Council for Debt Collector – Legal Department

Twitter @yilungelo

Watch Yilungelo Lakho every Friday at 13:30 on SABC 1. Catch the programme again on Mondays at 12:00 on SABC 1.

Yilungelo Lakho an interactive live show, aims at informing and educating consumers on their rights. Every Friday we focus on a particular topic for the entire hour – kicking off with an insert which serves as a background/scene setter, after which our studio guests/experts or commentators analyse the issue. Telephone lines are open during the whole show for viewers to participate.

Anti-corruption line
Tollfree 0800 701 701

National Credit Regulator
0860 627 627

National Consumer Commission
0860 003 600
012 394 1700

Yilungelo Lakho

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