Close

I have noted that there is an account named FNB PERSONAL LOANS which i have been listed for on my credit report. (Listed since March 2017) the account balance i owe is R300000. Please note that i have not had any communication regarding the FNB personal loan account and thus note that any FNB loan acc that FNB is calling about is dormant and has NOT been acknowledged in the past 3 or more years. Therefore, this account is prescribed and what you are doing is *******. I have not acknowledged the debt in the past 3 consecutive years either by writing or verbally, not made any payment towards the outstanding amount, nor have i promised to pay. No summons has been issued in the last 3 years. They are in contravention of the NCA SEC 126b. It states that no person may continue collection or re-activation of such prescribed debt as prescription Act 68 of1969(Prescription Act). Debt therefore prescribed and im not legally bound to repay such. I request this matter be closed and any negative information will be removed from my credit record. Should i receive any calls i will lay a complaint with the relative authorities, ie, NCR and LSSA. Please attend to this matter soonest and mail a prescribed letter that this account is closed to *********** The accounts are now begin sold to a 3rd party company.