Reading Time: 2 minutes

Form 42 Due

NCR LogoDebt Counsellors are reminded that they only have a few days till their quarterly report to the NCR is due. All registered Debt Counsellors (practicing or not) are required to hand in a report to the NCR about who they have helped and how far along each matter is. This is the same information that Debt Counsellors are required to update regularly on the NCRs online website ncrdebthelp.co.za.

The Debt Help System as it is called is not currently able to generate this info (to the NCR’s satisfaction) as such Debt Counsellors have to fill in the form from their own records or if they use a Payment Distribution Agency (PDA) system they can auto generate most of the info direct from the PDA system. This speeds things along greatly. This is one of the additional services that PDAs offer to their client Debt Counsellors but do not directly charge for. PDA fees are currently been debated due to the proposed changes as per the DTI in regard to what they can charge and the amount of time those payments need to happen in. The PDAs offer more than just payments of money from a consumer to their creditors they also offer all sorts of support services, at all stages of the debt review process.

Reporting Period

The reporting period is for 1st of July 2015 till the 30th of September 2015.

Due Date

The report must be sent to the NCR by the 15th of November 2015. The reports can be sent to: returns@ncr.org.za