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Wason obo Van Zyl and Another v Absa Bank Limited and Others (NCT/27038/2015/138) [2017] ZANCT 90 (23 February 2017)

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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 AT CENTURION

Case Number: NCT/27038/2015/138

In the matter between:

IAN ROMER WASON                                                                                                           APPLICANT

NCR REGISTRATION NUMBER: 1817

And

PIETER JOHANNES VAN ZYL

[6...]

BONNIE VAN ZYL

[7...]

1ST CONSUMER

2ND CONSUMER

 

And

ABSA BANK LIMITED


1ST CREDIT PROVIDER

AFRICAN BANK LIMITED


2ND CREDIT PROVIDER

DIRECT AXIS (SA) (PTY) LTD ON BEHALF OF FIRSTRAND

BANK LIMITED


3RD CREDIT PROVIDER

EDCON (PTY) LTD T/A EDGARS


4TH CREDIT PROVIDER

FIRST NATIONAL BANK, A DIVISION OF FIRSTRAND BANK

LIMITED


5TH CREDIT PROVIDER

FOSCHINI RETAIL GROUP (PTY) LTD

6TH CREDIT PROVIDER

MASS STORES (PTY) LTD


7TH CREDIT PROVIDER

MOTOR FINANCE CORPORATION, A DIVISION OF

NEDBANK LIMITED


8TH CREDIT PROVIDER

MR PRICE, A DIVISION OF THE MR PRICE GROUP LIMITED


9TH CREDIT PROVIDER

NEDBANK LIMITED


10TH CREDIT PROVIDER

SA HOME LOANS (PTY) LTD


11TH CREDIT PROVIDER

STANDARD BANK OF SOUTH AFRICA LIMITED


12TH CREDIT PROVIDER

TRUWORTHS LIMITED


13TH CREDIT PROVIDER

WESBANK, A DIVISION OF FIRSTRAND BANK LIMITED


14TH CREDIT PROVIDER

WOOLWORTHS (PTY) LTD

15H CREDIT PROVIDER

VARIED CONSENT ORDER

The original order on this matter was issued on 10 December 2015. The Applicant subsequently applied for a variation of the order in September 2016 due to a second Foschini account being omitted in error. The application was granted on 21 February 2017 and order is now varied to include the Foschini account number 0011510000924311863, which appears in the order as loan number 23. All other details on the original order remain the same as granted originally.

The Tribunal, having read the papers filed of record and being satisfied that the Applicant(s) and The Respondent(s) are parties to a debt re-arrangement facilitated by a Debt Counsellor under section 86(7)(b) read with section 138(1) of The National Credit Act, Act 34 of 2005 (the Act), hereby makes the following order:

1.       The payment structure between the consumer (s)and the credit  provider(s) is confirmed as an order of the Tribunal in terms of section 150 of the Act

     

Credit Provider   

Reference   

Outstanding

Capital

Proposed Payment Period

Proposed Annual Interest

Proposed Instalment

Monthly Fees

Monthly Assurance Premium

Life Insurance

Home Owners Cover

1    

NEDBANK LIMITED

5898460901378778   

R25,996.01

12

13.50 %

R561.30

 

 

 

 

1

13.50 %

R562.31

1

13.50 %

R563.20

15

13.50 %

R563.69

1

13.50 %

R564.06

1

13.50 %

R566.60

1

13.50 %

R568.00

15

13.50 %

R568.46

1

13.50 %

R690.58

12

13.50 %

R791.98

2    

NEDBANK LIMITED   

5898460819128190   

R8,147.70

12

7.50 %

R211.65

 

 

 

1

7.50 %

R211.98

1

7.50 %

R212.26

15

7.50 %

R212.42

1

7.50 %

R212.54

1

7.50 %

R213.35

1

7.50 %

R213.80

15

7.50 %

R213.95

5

7.50 %

R253.14

3    

EDCON (PTY) LTD T/A EDGARS

7000100100012472023       

R7,583.63

1-52

7.75 %

R169.34

53

7.75 %

R8.65

4    

MOTOR FINANCE CORPORATION, A DIVISION OF NEDBANK LIMITED

62081900002        

R96,985.74

Until Settled

12.00 %

R1,892.78

 

 

 

5    

MR PRICE, A DIVISION OF THE MR PRICE GROUP LIMITED

0101085629         

R894.19

Until Settled

7.75 %

R59.83

 

 

 

6    

TRUWORTHS LIMITED

10100119913473     

R3,132.17

32

7.75 %

R110.64

 

 

 

 

7    

WOOLWORTHS (PTY) LTD

 

6007850132744341   

R10,684.39

52

6.19 %

R235.88

 

 

 

 

 

8    

ABSA BANK LIMITED

4565466097423018          

R3,681.75

1

6.80 %

R25.36

 

 

 

 

12

6.80 %

R75.79

1

6.80 %

R75.96

1

6.80 %

R76.17

1

6.80 %

R76.29

15

6.80 %

R76.36

1

6.80 %

R76.44

17

6.80 %

R76.75

1

6.80 %

R95.57

1

6.80 %

R107.15

1

6.80 %

R113.45

1

6.80 %

R125.74

1

6.80 %

R142.81

1

6.80 %

R86.70

9    

ABSA BANK LIMITED

5470445063415019          

R26,586.56

1

6.80 %

R396.10

 

 

 

 

12

6.80 %

R569.78

1

6.80 %

R571.09

1

6.80 %

R572.70

1

6.80 %

R573.60

15

6.80 %

R574.09

1

6.80 %

R574.72

17

6.80 %

R577.06

1

6.80 %

R718.51

1

6.80 %

R805.58

1

6.80 %

R852.99

10   

MASS STORES (PTY) LTD

0005022190100585175       

R9,654.59

53

7.41 %

R216.14

 

 

 

 

11   

STANDARD BANK OF SOUTH AFRICA LIMITED

 

 

5120550300330428   

R66,585.35

53

6.71 %

R1,432.93

R66.00

 

 

 

12   

FOSCHINI RETAIL GROUP (PTY) LTD

 

0010010000040391069       

R468.33

16

8.43 %

R32.12

 

 

 

 

13   

DIRECT AXIS (SA) (PTY) LTD ON BEHALF OF FIRSTRAND BANK LIMITED

85227920366

 (DAI77650E)       

R26,631.38

42

7.68 %

R721.85

 

 

 

 

14   

STANDARD BANK OF SOUTH AFRICA LIMITED

020699581          

R239,612.30

50

9.95 %

R6,004.76

 

 

 

 

15  

FIRST NATIONAL BANK, A DIVISION OF FIRSTRAND BANK LIMITED

4000039093592     

R50,713.28

53

9.45 %

R1,307.17

 

R177.00

 

 

16   

WESBANK, A DIVISION OF FIRSTRAND BANK LIMITED

85184619288

R185,882.56

58

8.50 %

R3,650.70

 

 

 

 

17   

WESBANK, A DIVISION OF FIRSTRAND BANK LIMITED   

85218964898

(WGA22919S)        

R14,245.95

43

8.15 %

R381.35

 

 

 

 

18   

AFRICAN  BANK LIMITED           

9750415E002        

R16,228.83

Until Settled

8.23 %

R409.65

 

 

 

 

19   

AFRICAN  BANK LIMITED           

9750415E001        

R10,519.05

Until Settled

6.80 %

R275.36

 

 

 

 

20          

FIRST NATIONAL BANK, A DIVISION OF FIRSTRAND BANK LIMITED

62240999170        

R905.55

14

7.75 %

R70.51

 

 

 

 

21   

SA HOME LOANS (PTY) LTD

1271364    

R374,966.34

1

8.20 %

R2,190.48

R40.00

 

R328.70

R579.55

2-15

Variable Rate

R4,372.09

 

 

16

Variable Rate

R4,378.35

 

 

17

Variable Rate

R4,383.80

 

 

18-32

Variable Rate

R4,386.85

 

 

33

Variable Rate

R4,389.13

 

 

34

Variable Rate

R4,404.78

 

 

35

Variable Rate

R4,413.45

 

 

36-51

Variable Rate

R5,169.88

 

 

52

Variable Rate

R5,795.64

 

 

53

Variable Rate

R6,052.16

 

 

54

Variable Rate

R7,392.73

 

 

55

Variable Rate

R9,369.39

 

 

56

Variable Rate

R9,837.01

 

 

57-58

Variable Rate

R9,856.88

 

 

59

Variable Rate

R14,166.15

 

 

60- Paid Until Settled

Variable Rate

R18,820.66

 

 

22   

SA HOME LOANS (PTY) LTD

 

 

 

 

 

 

 

3669956     

R41,193.19

1-12

21.00 %

R1,118.17

 

 

R191.78

 

13-24

21.00 %

R1,300.00

25-36

21.00 %

R1,500.00

37-48

21.00 %

R1,700.00

49- Paid Until Settled

21.00 %

R1,900.00

23

FOSCHINI RETAIL GROUP (PTY) LTD

 

0011510000924311863

R3,911.43

58

3.25 %

R70.53

 

 

 

 

2. The parties' attention is drawn to sections 71(1),71(5)(a) and 152 of the Act which states as follows:

Section 71(1).

A consumer, whose debts have been re-arranged in terms of part D of this chapter, may apply to a debt counsellor at any time for a clearance certificate

Section 71(5)

Upon receiving a copy of a clearance certificate, a credit bureau, or the national credit register must expunge from it's records the fact that the consumer was subject to the relevant debt re-arrangement order or agreement

Section 152

Any decision, judgement or order of the Tribunal may be served, executed and enforced as if it were an order of the High Court.

3. 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 at CENTURION on 23 February 2017    


 

Presiding Member

Adv. J Simpson

National Consumer Tribunal