JR
Johan R

1 reviews | Active since Mar 2014

21 Feb 2022, 11:23

Debt Rescue and IPDA, where did my money go???

I have been paying my debt with Debt Rescue since 2015. On my IPDA, a just as useless company, statement I saw I owed on of my creditors R84082,43 in December 2020. In February 2022 I owe them R110945,08?? Despite paying every month since 2015 the IPDA statement keeps going up? I then contacted the creditor and they confirmed that I only owe them R21599,99, that is a R90000 difference.... I then mailed Debt Rescue at *** and after I got no response, as expected, send a mail to ***. Again just silence. I will now take other routes to expose Debt Rescue and their sidekick IPDA. This is only one of my creditors, I now have to sit and scrutinize all of my accounts while paying Debt Rescue since 2015. To anyone that is thinking about debt review, please do anything to avoid it. You are going to have more problems for the the next 10 years, as this is how long it is going to take to get out of debt review. And is you have to do it please avoid Debt Rescue and IPDA as you can see from the facts above that the 2 companies is not very transparent in their dealings with your money.

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Replies (3)
Debt Rescue
Debt Rescue's reply22 Feb 2022, 10:51
Official
 
Good day, 
 
Thank you for bringing this matter to our attention and affording us the opportunity to assist.
  
  It is never our intention to cause you any frustration.
  
  One of our Complaints Resolution Consultant will attend to your complain and provide you with feedback.

Debt Rescue Team 
JR
Johan R's update23 Feb 2022, 11:53
Reviewer Update
An update on my complaint to Debt Rescue:
I have looked into the matter and notice that when you profile was migrated to the PDA there was a misalignment of the balances which was later corrected. The balance currently is the more accurate balance, this being said this is the estimated balance as per the system and can differ from the credit provider balance as the credit providers do not provide us with updated balances on a regular basis.

Debt Rescue still insist that I owe 110k while the creditor says 21k? And asked for more money...really??

Please solve my problem as we still have to solve more problems on my account.
Debt Rescue
Debt Rescue's reply23 Feb 2022, 12:13
Official
Good day.

One of our Complaints Resolution Consultant will attend to your complain and provide you with feedback.

Debt Rescue Team