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[2017] ZANCT 90
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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 |