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Stephen S

1 reviews | Active since May 2022

31 May 2022, 13:20

******* prescribed debt on credit profile

MBD has been harassing me to pay a Capitec debt that has been dormant for many years. They bought it knowing very well what the law says. "The National Credit Amendment Act, published 13 March 2015, prohibits the sale and collection of Prescribed Debt. Unless the debt collector or credit provider can prove that your debt is not prescribed, tell them to stop harassing you. It is advised that you also put this in writing, so that there is a record of it.If they persist, request the original loan agreement/contract, proof of default, the outstanding amount and interest accrued. The National Credit Act prohibits the listing of prescribed debt".

Capitec and or MBD must immediately remove my name from the credit bureau.

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Replies (1)
Capitec Bank
Capitec Bank's reply31 May 2022, 15:19
Official
Good day Client We acknowledge receipt of your query and have assigned your matter to a designated official. You will receive further contact within the next business day. Kind regards Capitec Bank