Debt relief for some as controversial Bill signed into law

📆 8/16/2019 10:48 AM
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[TRENDING] Debt relief for some as controversial Bill signed into law eNCA

It will allow debt of heavily indebted consumers to be extinguished, as long as they earn a gross monthly income of no more than R7,500. Those indebted should also have unsecured debt amounting to R50,000 and found to be critically indebted by the National Credit Regulator.

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