The National Debt Mediation Association is
urging consumers to be wary of unscrupulous administrators who abuse the
process by taking advantage of the lack of knowledge of consumers.
Statistics by the Credit Bureau shows that
more than 2.7 million consumers have judgements or administration orders
against their names.
NDMA’s Consumer Education Specialist, Thoko
Nchabeleng, said they are urging consumers to be able to ask the right questions
and to know what they are getting themselves into
Nchabeleng further added that consumers
should not be dependant on the administrator to take care of things, without monitoring it themselves.
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