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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 CENTURION

Case Number: NCT/ 301/2009/138 (1)(P)

DATE:02/02/2010

In the matter between:

ELIZE BRITZ …...................................................................................Applicant/Consumer

ID:

and

AFRICAN BANK LIMITED................................................1st Respondent/Credit Provider

JET STORES a division of EDCON (PTY)......................2nd Respondent/Credit Provider

RCS PERSONAL LOANS (PTY) LIMITED.......................3rd Respondent/Credit Provider

VANDERWALT PHARMACY............................................4th 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;

1. The draft consent order formulated as the order of the Tribunal attached hereto and marked Annexure "A" is confirmed;

2. 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 Centurion on this 2nd Day of February .2010

ADV F. MAN AM ELA

PRESIDING MEMBER

IN THE NATIONAL CONSUMER TRIBUNAL

HELD AT CENTURION

Case No:

In the matter between:

ELIZE BRITZ …...................................................................1^st APPLICANT/CONSUMER

Identity number:

And

AFRICAN BANK LIMITED ….............................1^st RESPONDENT/CREDIT PROVIDER

JET STORES a division of

EDCON (PTY) LTD ….......................................2^ND RESPONDENT/CREDIT PROVIDER

RCS PERSONAL LOANS (PTY) LTD.............. 3^RD RESPONDENT/CREDIT PROVIDER

VANDERWALT PHARMACY............................ 4^th 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 Credit Act 43 of 2005;

b. The debt counsellor found that the consumer is experiencing 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:

1. 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;

2. Which agreement restructures the payment instalment by extending the payment period as

Creditor	Reference	Annua! Interest	New Monthly Instalment	Balance	Estimated Period in Months
	5037969002	14.59%	R300.60	R12 749.57	38
AFRICAN BANK LIMITED	5037969003	31.00%	R191.25	R5 438.57	37
AFRICAN OAMKUMITFD	74003385678	21.00%	R172.54	R3 484.63	28
AFRICAN PANK LIMETED	5037969004	10-00%	R158.2 2	R3 654.49	28
AFRICAN BANK LIMITED	5037969005	8.11%	R252.56	R12 421.94	38
JET STORES A division OF EDCON (PTY) LTD	700660010001.1.478023	2.1.00%	R184.69	R4 017.12	29
RCS PESSONAL LOANS (PTY) LTD	59794984	10.00%	R496.72	Rll 461.14	28
VANERVVALT PHARMACY	680226	3.00%	R129.42	Rl 223.88	14

Debt Counsellor on the behalf of the Consumer TO:

THE REGISTRAR OF THE TRIBUNAL CENTURION

AFRICAN BANK LIMITED

59 16™ ROAD

MIDRAND

1685

JET STORES a division of EDCON (PTY) LTD EDGARDALE PRESS AVENUE CROWN MINES

2025

RCS PERSONAL LOANS (PTY) LTD

GROUD FLOOR

LIBERTY GRANDE BUILDING

CNR VOORTREKKER & VAN GUARD DRIVE

GOODWOOD

PARROW EAST

VANDERWALT PHARMACY

31 LOCH STREET

MEYERTON

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