Debtfree Issue 202310 - DB
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
Moving to the “state of the Industry” address,<br />
Mr Saishen Krishnan “SK” of Hyphen PDA broke<br />
down some of the key industry goings on.<br />
He focused on several key improvements<br />
across the industry that benefit, consumers,<br />
credit providers and Debt Counsellors.<br />
Certain key changes to payments come into<br />
effect during October and these will greatly<br />
help the industry. SK has been at the forefront<br />
of pushing for many of these changes so it<br />
was nice to hear him speak first hand.<br />
While he did touch on ongoing challenges the<br />
PDA face (like fees and XXXX) the speech was<br />
optimistic and focused on how far the industry<br />
has come.<br />
PDAs now distribute a whopping R1.4 Billion<br />
a month from consumers back to their credit<br />
providers. Amazing.<br />
Well done to CollectNet, DC Partner, Hyphen<br />
PDA and iPDA for their hard work on behalf of<br />
consumers.