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[2009] ZANCT 2
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Mncunu v African Bank Ltd and Others (NCT/ 235/2009/138 (1)(P)) [2009] ZANCT 2 (30 November 2009)
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SAFLII Note: Certain personal/private details of parties or witnesses have been redacted from this document in compliance with the law and SAFLII Policy |
IN THE NATIONAL CONSUMER TRIBUNAL HELD IN VEREENIGING
Case no: NCT/ 235/2009/138 (1)(P)
DATE:30/11/2009
In the matter between:
MOTSABI BLISS MNCUNU …..................................................Applicant/Consumer
ID:
and
AFRICAN BANK LIMITED …...........................................1st Respondent/Credit Provider
FIRST NATIONAL BANK a division of
FIRST
RAND BANK........................................................2nd
Respondent/Credit Provider
NEDBANK
LIMITED.........................................................3rd
Respondent/Credit Provider
CONSENT ORDER
The Tribunal having read the papers filed of record and heard the Debt Counsellor; The Tribunal, being satisfied that the Applicant and the Respondents are parties to a debt re-arrangement facilitated by a Debt Counsellor under section 86(7)(b) read together with section 138(1) of the National Credit Act, Act 34 of 2005 ;(the Act).
The Tribunal hereby orders that:
The draft consent order formulated as the order of the Tribunal attached hereto and marked Annexure "A" and Annexure "AA" is confirmed;
The parties are warned that failure to comply with the order of the Tribunal constitutes an offence in terms of section 160(1) of the Act.
Dated and signed at VEREENIGING on this 30th day of November 2009.
PROF Bill HASLAM
PRESIDING MEMBER
IN
THE NATIONAL CONSUMER TRIBUNAL
HELD AT CENTURION
Case No:
In the matter between:
MOTSABI BLISS MNCUNU.................................................CONSUMER/l^ APPLICANT
Identity number:
And
AFRICAN BANK LIMITED …............................1st RESPONDENT/CREDIT PROVIDER
FIRST NATIONAL BANK a division of
FIRST RAND BANK........................................2ND RESPONDENT/CREDIT PROVIDER
NEDBANK LIMITED..........................................3rd RESPONDENT/CREDIT PROVIDER
DRAFT
CONSENT ORDER IN TERMS OF SECTION 86{8) READ TOGETHER
WITH SECTION
138 OF THE NATIONAL CREDIT ACT 34 OF 2005
WHEREAS:
a. The
consumer applied for debt review in terms of the National Cfedit Act
43 of
2005;
b. The
debt counsellor foundthat the consumer isexperiencing difficulty
satisfying all
obligations under the credit agreements in a timely
manner;
c. The
debt counsellor recommended a restructuring of the payment
instalments to all the
credit providers, as per the agreement
which is attached hereto marked:
"Annexure B";
d. All
the respective credit providers and the consumer/applicant consented
to this agreement,
which consents are hereto attached marked
"Annexure C"
, NOW THEREFORE:
The Tribunal, being satisfied that the Applicant and Respondent are parties to a debt rearrangement facilitated by a debt counsellor under section 86(7) of National Credit Act, hereby orders, by consent of the parties:
That the payment structures of the agreement between the Applicant and the Respondents as set out in Annexure "B", be made an order of the National Consumer Tribunal;
Which agreement restructures the payment instalment by extending the payment period as indicated in Annexure "C"
|
|
Interest |
Monthly Instalment |
|
Period in Months |
AFRICAN BANK LIMITED |
2639216002 |
15.50% |
R339.59 |
R9 687.65 |
36 |
AFRICAN BANK LIMITED |
2629216003 |
15.50% |
R381.83 |
R13 794.62 |
44 |
FIRST NATIONAL BANK a division of FIRST RAND BANK |
4901305724002006 |
14.00% |
R84.89 |
Rl 364.54 |
22 |
FIRST NATIONAL BANK a division of FIRST RAND BANK |
3000011692442 |
12.25% |
R626.34 |
R83 350.25 |
84 |
NEDBANK LIMITED |
8000481968201 |
14.00% |
R674.9D |
R31 965.32 |
52 |
DATED at Centurion this the day of 2009
REGISTRAR OF THE NATIONAL CONSUMER TRIBUNAL
Applicant/Consumer'
Debt Counsellor on behalf of the Consumer
TO:
THE REGISTRAR OF THE TRIBUNAL CENTURION
1.AFRICAN
BANK LIMITED
59 16™ ROAD
MIDRAND
1685
2. FIRST NATIONAL BANK a division Of FIRST RAND BANK
27 DIAGONAL STREET
JOHANNESBURG
2000
3.NEDBANK
LIMITED
100 MAIN STREET
JOHANNESBURG
2000
Debt Counsellor: Lorenco Lewis
Telephone: 0164220966
Email: juanitakamb@telkomsa.net
Fax: 0866259625
Client: MNCUNU, MOTSABI BLISS
Payment proposal for African Bank Debt Counselling Ref: 2639216002
From Date |
To Date |
|
Payment |
Interest |
interest Rate |
Balance |
PDA Fee |
31/07/2009 |
31/07/2009 |
|
R272.66 |
|
15.50% |
R9.687.65 |
R17.10 |
31/08/2009 |
30/04/2010 |
|
R339.59 |
|
15.50% |
R9.812.36 |
R17.10 |
31/05/2010 |
31/01/2011 |
|
R384.42 |
|
15.50% |
R7.956.80 |
R17.10 |
28/02/2011 |
28/02/2011 |
|
R394.04 |
|
15.50% |
R5.449.11 |
R17.10 |
31/03/2011 |
30/04/2011 |
|
R400.56 |
|
15.50% |
R5.142.55 |
R17.10 |
31/05/2011 |
31/03/2012 |
|
R440.61 |
|
15.50% |
R4.504.38 |
R17.10 |
30/04/2012 |
30/04/2012 |
|
R235.79 |
|
15.50% |
R215.90 |
R17.10 |
Debt Counsellor: Lorenco Lewis
Telephone: 0164220966
Email: juanitakamb@telkomsa.net
Fax: 0866259625
Client: MNCUNU, MOTSABI BLISS
Payment proposal for African Bank Debt Counselling Ref: 2639216003
From Date |
To Date |
|
Payment |
Interest |
Interest Rate |
Balance |
PDA Fee |
31/07/2009 |
31/07/2009 |
|
R306.57 |
|
15.50% |
R13,794.62 |
R17.10 |
31/08/2009 |
30/04/2010 |
|
R381.83 |
|
15.50% |
R14,046.62 |
R17.10 |
31/05/2010 |
31/01/2011 |
|
R432.24 |
|
15.50% |
R12.309.13 |
R17.10 |
28/02/2011 |
28/02/2011 |
|
R443.06 |
|
15.50% |
R9.881.04 |
R17.10 |
31/03/2011 |
30/04/2011 |
|
R450.38 |
|
15.50% |
R9.582.71 |
R17.10 |
31/05/2011 |
31/03/2012 |
|
R495.42 |
|
15.50% |
R8.959.71 |
R17.10 |
30/04/2012 |
30/04/2012 |
|
R541.89 |
|
15.50% |
R4.703.39 |
R28.50 |
31/05/2012 |
30/11/2012 |
|
R654.92 |
|
15.50% |
R4.250.75 |
R28.50 |
31/12/2012 |
31/12/2012 |
|
R 100.92 |
|
15.50% |
R91.75 |
R7.98 |
Debt Counsellor: Lorenco Lewis
Telephone: 0164220966
Email: juanitakamb@telkomsa.net
Fax: 0866259625
Client: MNCUNU, MOTSABI BLISS
Payment proposal for NEDBANK - PERSONAL LOAN JHB Ref: 8000481968201
From Date |
To Date |
|
Payment |
Interest |
Interest Rate |
Balance |
PDA Fee |
31/07/2009 |
31/07/2009 |
|
RS41.87 |
|
14.06% |
R31,965.32 |
R28.50 |
31/08/2009 |
30/04/2010 |
|
R674.90 |
|
14.00% |
R32.583.84 |
R28.50 |
31/05/2010 |
31/01/2011 |
|
R764.00 |
|
14.00% |
R30.072.62 |
R28.50 |
28/02/2011 |
28/02/2011 |
|
R783.12 |
|
14.00% |
R26.444.72 |
R28.50 |
31/03/2011 |
30/04/2011 |
|
R796.07 |
|
14.00% |
R25.998.62 |
R28.50 |
31/05/2011 |
31/03/2012 |
|
R875.67 |
|
14.00% |
R25.064.70 |
R28.50 |
30/04/2012 |
30/04/2012 |
|
R957.80 |
|
14.00% |
R18,593.76 |
R28.50 |
31/05/2012 |
30/11/2012 |
|
R1.157.59 |
|
14.00% |
R17,881.39 |
R28.50 |
31/12/2012 |
31/12/2012 |
|
R1,434.28 |
|
14.00% |
R11,208.11 |
R28.50 |
31/01/2013 |
30/04/2013 |
|
R1,497.27 |
|
14.00% |
R9,933.09 |
R28.50 |
31/05/2013 |
30/06/2013 |
|
R1,647.00 |
|
14.00% |
R4.426.11 |
R28.50 |
31/07/2013 |
31/07/2013 |
|
R1,317.47 |
|
14.00% |
R1,274.11 |
R28.50 |
Debt Counsellor: Lorenco Lewis
Telephone: 0164220966
Email: juanitakamb@telkomsa.net
Fax: 0866259625
Client: MNCUNU, MOTSABI BLISS
Payment proposal for FIRST NATIONAL BANK HOME LAON PRETORIA Ref: 3000011692442
From Date |
To Date |
|
Payment |
interest |
interest Rate |
Balance |
PDA Fee |
31/07/2009 |
31/07/2009 |
|
R552.14 |
|
12.25% |
R83.350.25 |
R28.50 |
31/08/2009 |
30/04/2010 |
|
R687.69 |
|
12.25% |
R85.405.36 |
R28.50 |
31/05/2010 |
31/01/2011 |
|
R709.03 |
|
12.25% |
R87.399.32 |
R28.50 |
28/02/2011 |
28/02/2011 |
|
R726.78 |
|
12.25% |
R89.384.04 |
R28.50 |
31/03/2011 |
30/04/2011 |
|
R738.78 |
|
12.25% |
R89.598.22 |
R28.50 |
31/05/2011 |
31/03/2012 |
|
R812.67 |
|
12.25% |
R90.009.04 |
R28.50 |
30/04/2012 |
30/04/2012 |
|
R888.89 |
|
12.25% |
R91,568.42 |
R28.50 |
31/05/2012 |
30/11/2012 |
|
R1,074.30 |
|
12.25% |
R91,642.79 |
R28.50 |
31/12/2012 |
31/12/2012 |
|
R1.351.61 |
|
12.25% |
R90.846.79 |
R28.50 |
31/01/2013 |
30/04/2013 |
|
R1,389.54 |
|
12.25% |
R90.451.07 |
R28.50 |
31/05/2013 |
30/06/2013 |
|
R1,528.49 |
|
12.25% |
R88.673.33 |
R28.50 |
31/07/2013 |
31/07/2013 |
|
R1,858.02 |
|
12.25% |
R87.477.70 |
R28.50 |
31/08/2013 |
30/04/2014 |
|
R3.175.49 |
|
12.25% |
R86.541.18 |
R28.50 |
31/05/2014 |
30/04/2015 |
|
R3.493.04 |
|
12.25% |
R65.317.25 |
R28.50 |
31/05/2015 |
31/12/2015 |
|
R3,842.34 |
|
12.25% |
R29.793.50 |
R28.50 |
31/01/2016 |
31/01/2016 |
|
R727.54 |
|
12.25% |
R691.98 |
R28.50 |