CA
Cindy A

1 reviews | Active since Feb 2011

12 Dec 2015, 09:47

Additional charges

Apply for debt counselling was the biggest mistake of my life. I am now far more in debt than what i was before and i am still expected to pay additional charges and a cancellation fee (which was never mentioned to me upfront)<br> I paid my first installment of R8900 which was the fee charged by Debt Therapy upon sign on. As far as i understand the maximun amount to be paid is R6000 ex VAT.<br> <br> It seems like all these debt counselling companies are looking more at self enrichment than at helping the general public.

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Replies (3)
Debt Therapy
Debt Therapy's reply14 Dec 2015, 08:51
Official
Hello nieshaam,

Thank you for your comment, please could you advise me of your full name and ID which can be sent directly to my personal e-mail address so I can inverstigate this matter further. We at Debt Therapy take complaints of this nature seriously as we work by the strict guidelines set out by the National Credit Regulator. *** Many thanks

Best regards,

Debt Therapy
Debt Therapy's reply08 Mar 2017, 20:05
Official


How can we respond if they never reply to our requests? I will bet anything that we did nothing wrong and will post all communication regarding your complaint and allow the public to decide. Just respond.

Best regards,

Debt Therapy
Debt Therapy's reply13 Mar 2018, 14:41
Official

Dear Ms Adams,

I have now been able to access your details and can confirm the following.

  1. We charged fees as per the NCR Guidelines and can send you proof thereof.
  2. All fees are regulated by the NCR and your payments are made directly to a payment distribution agency for this purpose.
  3. You yourself missed numerous payments to your debt review. (I can post a Statement on this website showing fees collected and payments missed by yourself. (I have a total of 4 missed payments).

I believe that you have not been fully truthful in your statement above and will supply all info to Hello Peter should you request me to do so.

Regards

Debt Therapy

Best regards,