Rise in complaints against banks, ombud report shows iol.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iol.co.za Daily Mail and Mail on Sunday newspapers.
The Prescription Act extinguishes debt if not paid or acknowledged within a prescribed time. Yet some banks are still trying to collect on them, says Banking Ombud.
Consumers beware: Some banks are still collecting on prescribed debts cbn.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cbn.co.za Daily Mail and Mail on Sunday newspapers.
Relebogile Mabotja spoke to consumer journalist Wendy Knowler and Ombudsman for Banking Services, Reana Steyn, about what we need to know about expiration dates.