Debtfree Issue 202310 - DB
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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.
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