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Why is Indian Company Bilqeesh Threatening Me in South Africa for a Dubai Debt?

“Dear Jon, I was informed by a South African tracking company that I was handed over by Abu Dhabi Islamic Bank in July 2013 and that a company Bilqeesh International were tracking me to my home country. The Credit card limit was 10 000AED but is now standing at over 21 000AED. This amount fluctuated …

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I’m in South Africa and My Husband Won’t Take Over the Property After Our Divorce

“Dear Steve, My ex husband and I were divorced on 21 May 2010. All bond and levy payments were made up to date at the time of our divorce. He was difficult and refused to sell and wanted to keep the property at the time of the divorce. My attorneys Riekie Erasmus advised that the …

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South African Debt Relief Industry Punches Creditors in Face

Now here is something you’d never see in the United States or England, debt relief major players fighting back hard against the creditors trying to take control of how consumers are served and to fight collectively against creditor control over the process. Enjoy the statement on recent activity below. South African Debt Relief Industry Punches …

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Apple Virus, South African Consumer Debt, DocX Racketering, UK Debt Relief

Fake Apple Emails Lead to Computer Virus Infection Online criminals targeting exploits is nothing new, but they are now taking a multi-pronged approach to compromising your security. They are not just exploiting unpatched flaws in your applications; when that fails they convince you to infect yourself. Take, for example, this email I received today pretending …

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I’m in South Africa and My Husband is in Administration But We Need a Loan. – Rene

“Dear Steve, I need a loan but do not work my husband works for me and he cant apply because he is under adminastration my question is can i apply than he can pay Rene” Dear Rene, I think you live in South Africa. If I’m wrong, let me know. But if your husband is …

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South African’s in Debt Counselling Can Lower Credit Insurance Rates

The Debt Counselling Industry in South Africa has announced a new insurance product to assist consumers struggling with financial troubles. In South Africa, when consumers are working with a registered debt counsellor who can put together a court approved and mandated repayment plan, up till now there has been little relief from the exorbitant fees …

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SMS Loans. Turning Your Mobile Phone Into a 800 Percent Interest Rate Debt.

If you thought payday loans might be a problem, abused, and be too readily available to those that can least afford it, then you need to learn about SMS loans or text message loans. A SMS is a text message sent from a cellular or mobile phone. In some parts of the world, consumers can …

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Debt Relief Industry Living Groundhog Day. South Africa Can’t Think Globally.

The other day I caught a bit of that movie Groundhog Day. That’s the Bill Murray film where he wakes up every morning and it is the day before all over. As someone who has been involved in debt relief in Ireland, UK, U.S., The Netherlands, and some in South Africa I can tell you …

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South Africa – “Banking Bullies Still Using Scare Tactics” says The Debt Counseling Industry

Debroah Solomon, of The Debt Counseling Industry, a South African debt counsellor, is speaking up about what she perceives as continued bad behaviour by the banks. Solomon states, “I am compiling a list of case studies involving banking institutions and the tactics used to terrorise some debtors. The studies display many common features, including scare …

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South African National Credit Regulator and Magauta Mphahlele in Crosshairs

Recent activity by the National Credit Regulator, and the CEO of the creditor controlled NDMA, Magauta Mphahlele, has created a flurry of activity among South African debt counsellors who are not happy that the voluntary debt mediation project (VDMS) has been cancelled. The new process sounds very similar to a UK or Canada IVA type …

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