1 reviews | Active since Apr 2011
Don't trust administrators
My husband got retrenched 3 times in 2 years. <br> <br> We then decided to go under administration in May 8th 2008, thinking this will help us to better manage our debt payments. In 2013 I received a statement from one of our creditors and the debt we owed had tripled due to the interest. <br> <br> This made me very angry and suspicious, which only meant i would be being off debt till the day I died as it will just be covering the interest. <br> <br> I then contacted my Administrators in 2013 who then also managed Debt Counselling called SA Credit Solutions and asked them why is this happening and why is it allowed, I asked them why did they not contact me and warn me this was happening. I was then advised and requested to requested to go under debt review in February 2013, to try and get my accounts paid up quicker. I then told the interest would be consulted with the various creditors and negotiated. <br> <br> I thought finally i can look forward to my old debt from 2008 to finally come to a close. <br> <br> I was misled and had to get NCR to intervene and investigate all my creditors as some was not being paid some was not transfered old debt from 2*** was demanding payment from me. <br> FINANCE ABUSE!! VICTIM
