Asked by LauraM
on 03-02-2020 12:36:36
Question posted in the National Credit Act Law
category relating to Gauteng
Question value: R 0.00
good day please help me, years ago i lost my job and couldnt afford to pay my credit card. Nedbank then handed me over to Trevor Jaggard attorneys and i was told by the attorney that to prevent from becoming blacklisted i must start making payments and that each payment will come off my original debt (R42 000.00) amd no further interest will be added to the amount owing since it was handed over.
with the help of family i could afford R1000 per month and started paying from the next month and to date have made 37 payments of R1000 each equalling R37 000 and i received a settlement amount of R49 000 last week. not defaulting in a single payment as i have since become employed.
how can i solve this.
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