Tuesday 28 June 2016

Media release: Consumer Credit Issues: Where do I turn to for assistance? 20 June 2016

 

The Community Engagement Project on Responsible Use of Credit ,housed in the College of Law, in cooperation with the Credit Bureau Association hosted an information day on 20 June 2016. The general theme of the day was: Consumer Credit Issues: Where do I turn to for assistance?

Important stakeholders in the credit industry delivered presentations on different aspects relating to consumer credit issues. The topics included tips on management of personal credit, the importance and contents of credit reports and how to fix mistakes on credit reports,  identity fraud, the rights of consumers, whether employers may access credit reports of incumbents for purposes of employment and the regulatory framework and policy developments.  The programme’s purpose - to enlighten consumers regarding aspects of personal credit management - was well addressed. The presentations that were delivered have been professionally recorded, and after production is completed, DVD’s will be distributed to students.

The stakeholders (the Credit Bureau Association and other credit bureaus, the National Credit Regulator, the Credit Ombud and the Department of Trade and Industry) who presented on the day also had information tables in the foyer of the OR Tambo Building where consumers’ questions were answered. Here, several students, lecturers and members of the general public accessed their credit reports free of charge. Unisa is very pleased to report that the programme was well attended. The feedback received regarding the content of the programme has been very positive. We are grateful to our knowledgeable stakeholders without whom this day would not have been possible.

For more details, please contact Ms Michel Koekemoer by email at koekemm@unisa.ac.za, or telephonically at 012 429 2916.

 

Friday 17 June 2016

Credit Bureau Association: Bureau Business Edition No. 3

 

 

 

Greetings members!

Welcome to our second newsletter of 2016 – a year that is positively flying past already. At the Credit Bureau Association, we've been busy, and we'd like to take the opportunity presented by this newsletter to share some of the details of our projects and pursuits with you. 

As usual, we invite you to you get in touch and let us know what you are up to, so we can share your exciting developments and achievements with the broader CBA community.

 

What's been keeping us busy

As you know, the candidates for the office of the Information Regulator have been shortlisted. In preparation, the CBA draft code is being vetted by an information specialist so that we can apply for accreditation of our code as soon as the regulator is appointed. We are also ensuring alignment with SACRRA to ensure that there is a synergy from an industry perspective.

With regard to the new maintenance information regulations, the CBA has been working with the Department of Justice to ensure that there is alignment between the requirements in Regulation 17 of the National Credit Act (NCA) and that of the Maintenance Act and its new regulations.

In our last newsletter we were excited to announce the joining of new member, VeriCred Credit Bureau, to the association. Since then, Vericred has applied to SACRRA to take on consumer credit information.  We will keep you updated.

Community and media

This year has seen the continuation of our great partnership with the National Credit Regulator (NCR) around the "Know your credit status" campaign. Not only have the NCR and bureaus been able to offer reports and information at a number of government departments since late last year, but now we are gearing up for the public leg of the 2016 campaign. This will see us collaborate on a youth-focused campaign, rolling out at universities and public areas in close proximity to universities across Gauteng to reach the youth and the academic sector.

Another important partner in our public education drive is UNISA. After a fortuitous meeting in 2015, the Department of Mercantile Law at UNISA and the CBA have been working together on a number of interventions aimed at staff and students, including a series of radio interviews on campus radio. This is culminating in a Credit Information Day to be held at UNISA main campus on 20 June. We are very thankful that so many of our members and strategic industry partners (such as the Credit Ombud and DTI) will be taking part in this open day that is aimed squarely at empowering and educating consumers.

We continue to reach out to digital and traditional media to share an empowering message about credit management and credit reports with the wider populace. We've recently been featured in several of the Caxton community newspapers and Essentials magazine's website, among others.

 

Heads up

The new CBA constitution has been revised, adopted and published on the CBA website where it is available for download on the membership page.

The NCR subcommittee dealing with data sharing under Reg 19(13) is being established under the Credit Industry Forum (CIF). We look forward to engaging with the industry and the NCR in this regard.

 

 

Featured in

 

 

Credit Burea Association

ADDRESS:
St Georges Building
The Oval Office Park 
1 Meadowbrook Lane
Bryanston 
Gauteng 
2021 
South Africa

CONTACT:
Phone: +27 11 463 8218
Fax: 086 271 7741
Email: enquiries@cba.co.za
Media: prcomms@cba.co.za

OFFICE HOURS
Monday - Friday: 09h00 to 16h30

 

 

Monday 13 June 2016

Credit and the Youth: Podcast of Unisa Radio Broadcast of 30 May 2016

On 30 May 2016 the Community Engagement Project on the Responsible Use of Credit (in the Department of Mercantile Law) had a discussion on certain credit matters that influence the youth.  The discussion was hosted on Unisa Radio. Mpho Ramapala from the National Credit Regulator and Jeannine Naude-Viljoen from the Credit Bureau Association took part in the discussion.

 

To list to the podcasted discussion, open the following link: https://drive.google.com/open?id=0B01WIh-UaoHFN3hmS3ZhRE95Q28

 

To listen to Unisa Radio click on  http://radio.unisa.ac.za or visit Unisa Radio’s Facebook profile at www.facebook.com/unisaradio or their Twitter profile at www.twitter.com/unisaradio.