Court action will expose South African debt industry’s ‘dirty little secret’: expert

The legal action taken by the Stellenbosch Law Clinic against all the major role players in the credit industry will expose one of the biggest scandals that has been plaguing debt collection industry for many years.

This is according to Neil Roets, CEO of debt counselling firm Debt Rescue, who said the scandal had been haunting indebted South Africans for many years, forcing them to pay debts that had long since expired according to the prescription ru