1 reviews | Active since Apr 2018
monies getting lost
I'm currently on debt review, last year I was contacted by msa consultants to offer debt review services of which I accepted. now after reviewing the statements from the creditor, I notice the pda has been making incorrect payments to the creditor who in turn has charged more interest that seems to increase the amount that im owing every month. the statement from the pda is showing the correct amount but the statement from the creditor is showing different value which lesser than what prescribed to the debt counselor.
Dear Thabiso
You initially listed three accounts under debt review. One of the accounts had to be excluded because it was fairly a new account.and was not eligible for inclusion under debt review unless you were willing to pay the contractual installment even though it was listed under debt review. You then agreed that the account be excluded. You then paid up one of the remaining accounts. Thus leaving us with only one account listed. We have an agreement with this creditor for an amount of R1685.37 to be distributed monthly. However, we distribute R2809.00 to them on a monthly basis.
For further assistance, please call *** or e-mail ***
Kind Regards
MSA CONSULTANTS.
Best regards,
Dear Thabiso
You initially listed three accounts under debt review. One of the accounts had to be excluded because it was fairly a new account.and was not eligible for inclusion under debt review unless you were willing to pay the contractual installment even though it was listed under debt review. You then agreed that the account be excluded. You then paid up one of the remaining accounts. Thus leaving us with only one account listed. We have an agreement with this creditor for an amount of R1685.37 to be distributed monthly. However, we distribute R2809.00 to them on a monthly basis.
For further assistance, please call *** or e-mail ***
Kind Regards
MSA CONSULTANTS.
Best regards,
Dear Thabiso
I'm Not aware of any additional legal fees charged by us, however, there are monthly PDA fees that are charged by the Payment Distribution Agency(PDA) for distributing the funds accordingly to all of your creditors.
Then there are monthly after-care fees that are also charged by the company for handling your file and making sure that everything is up to date and also to handle queries from respective parties. This fees is 5% of your monthly installment or a maximum of R400 for the first two years then it gets reduced to 3% from the third year onwards.
For further assistance, please call *** or e-mail ***
Kind Regards
MSA CONSULTANTS
Best regards,
Dear Thabiso
I'm Not aware of any additional legal fees charged by us, however, there are monthly PDA fees that are charged by the Payment Distribution Agency(PDA) for distributing the funds accordingly to all of your creditors.
Then there are monthly after-care fees that are also charged by the company for handling your file and making sure that everything is up to date and also to handle queries from respective parties. This fees is 5% of your monthly installment or a maximum of R400 for the first two years then it gets reduced to 3% from the third year onwards.
For further assistance, please call *** or e-mail ***
Kind Regards
MSA CONSULTANTS
Best regards,
Dear Thabiso
Kindly be advised that the PDA distributed R2907.00 on 30th April 2018.
We will send you the PDA statement via e-mail to *** today.
Kindly send us the loan statement that you are referring to, to the e-mail address that will be sending you the PDA statement.
Kind Regards
MSA CONSULTANTS
Best regards,
Dear Thabiso
Kindly be advised that the PDA distributed R2907.00 on 30th April 2018.
We will send you the PDA statement via e-mail to *** today.
Kindly send us the loan statement that you are referring to, to the e-mail address that will be sending you the PDA statement.
Kind Regards
MSA CONSULTANTS
Best regards,