Johannesburg - High level representatives of companies such as ADRA, PASA, Debt Rescue, Callforce, MFSA, Consumer Profile Bureau, Cornerstone Performance Solutions, Flemix & Associates, OVAG SA, Burnard Raaff & Associates and Tenacity Financial Services and more to be attendance at the third annual Debt Collection Conference 2017.

The event, to be held on 6 & 7 September 2017 at Indaba Hotel, Fourways, Johannesburg, and hosted by Trade Conferences International (TCI), aims to attract professional dealing with debt collection, debt management, credit risk, debt & credit control, legal debt counselling & advisory, credit management as well as collection management and implementation.

Themes to be addresses includes current SA debt collection landscape,developing and managing strategies,focusing on customer engagement, credit risk management, governance, compliance and legal framework, new technology for efficient debt collection as well as the state, evolution and future of credit & debt collection industry.

Michandre Malan – Senior Project Manager at Trade Conferences International - said TCI has organised more than 400 events in the last fourteen years. Since we hosted the first Debt Collection in 2013, the event attracted over a 600 registered delegates and over 100 exhibiting companies includes: ABSA, African Bank, CrediCor, DirectAxis, Discovery, HTN Attorneys, PayM8, NRB Risk Solutions, Nedbank, FNB, Standard Bank, Uni-Collect, Woolworths Financial Services and more.This years’ conference is expected to attract over a 150 delegates. 

“TCI is your technology event organiser of choice and we believe that the event will be a success. We understand technology and have the ability to identify the right audience to showcase the latest technology developments in different industries. The event will allow both exhibitors and delegates an opportunity to network and explore new developments in the debt collection and credit risk industry.”

 Normal Registration fee: R8 600,00  + VAT = R9 804.00 p.p.

12% Discount: Group registration fee for 3 or more delegates: R7 568.00 + VAT = R8 627.52 p.p.

20% Discount Group registration fee for 5 or more delegates: R 6 880.00 + VAT = R7 843.20 p.p.

How to get invovled with this TCi signuture event:

To register as a delegate email Michandre Malan on This email address is being protected from spambots. You need JavaScript enabled to view it.. Exhibition enquiries are handled by Jason Joseph This email address is being protected from spambots. You need JavaScript enabled to view it., or call both on 011 803 1553.

Held on 18 February at Emperor’s Palace, Johannesburg, the Conference was attended by members of First National Bank, Nedbank, PASA, attorneys’ firms, the Consumer Profile Bureau and many others. Also in attendance were the Banking Ombudsman, Clive Pillay and Credit Intel Key Accounts Manager, Bennett Baloyi.

With each passing day, the debt collection industry awaits the promulgation of the notorious National Credit Amendment Bill; most notable for a proposed ban on the collection and sale of prescribed debt, which will see many debt collectors either close down completely or take significant financial knocks. Michael Shackleton spoke on the Bill and suggested that the proper implementation of the already existent National Credit Act would strike a fair balance between promoting the business of legal credit lenders and protecting debtors from unscrupulous lenders.

Shackleton also indicated that the NCAB will create greater regulation under which credit providers will have to operate, at a time when reduced regulation and the cutting of bureaucratic red tape is necessary to reduce unemployment and to cause small companies to thrive. Small companies are the engine of job creation in Gauteng.

Marina Short, CEO of the Consumer Profile Bureau, delivered an outstanding speech on regulatory data and the credit market. She is somewhat of an authority regarding credit and she genuinely provided valuable insights to all the attendees.

FutureSoft CEO, Peter Rafferty, spoke on the prescription of debt whilst advocate Hannelie Gray talked on emolument attachment orders.

Thav Reddy, Head of Compliance at Nedbank’s MFC division, educated attendees on how to manage the implementation of the Protection of Personal Information Act.

Marie Smit, Compliance Manager at PASA, suggested measures on how to increase the security of payments, something which is surely on the mind of all, considering the technological developments of the present day and the so-called “scam artists” living by fraudulent means within the Republic of South Africa.

Leon Townsend delivered an incredible and interactive speech concerning strategies to limit fraud. He is Executive Director at Censeo and a Certified Fraud Examiner. His organisation assists credit providers to assess which debtors to provide loans to by determining which prospective debtors are the most prone to commit fraud.

The conference was chaired by Credit Intel Senior Legal Executive Michael Shackleton, who is well known as a leading attorney in debt collection.

It was a highly educational and thought provoking Conference which Credit Intel was glad to be part of. Credit Intel prides itself on professional service and seeks to become the authoritative voice on debt collection in South Africa. Being invited to present and give inputs at Conferences such as these indicates that many people are turning to Credit Intel as an authority on debt collection.

With the current recession and reportedly South Africa in billion’s rand of debt including major corporations and banks feeling the pinch it has left our economy in bad state of financial affairs, which business owners and government aren’t willing to admit. The solution XTI Recoveries a debt collection firm with a unique approach to debt collection believes that businesses and government need to use debt collection as a means of recovering debt.

After a recent survey XTI Recoveries has found speaking to accountants and ex directors how businesses are dealing with losses and the shocking response? They either write off debts or hand over matters to attorneys which take months to recover adding on thousands of rand’s to have the debt recovered which is leading to liquidations and insolvency indicators of unpaid debt. The number of voluntary business liquidations increased by 71 % in 2014‚ while compulsory liquidations increased by 20 % over this period. This left XTI Recoveries puzzled why, would a business that currently has debt, create more debt, and the answer?

Business owners aren’t educated about the benefits of debt collectors nor do they trust them with their “bad books”.In the USA the leading economy President Obama has included in legislation the grave need and financial benefits of debt collectors towards the economy. “U.S. debt collection agencies were estimated to directly create $495 million of federal tax, $289 million of state tax and $221 million of local tax, for a combined tax impact of more than $1 billion.”XTI Recoveries believe that their unique business model and approach to debt collection is the future to minimize debts for the economy.

South Africans especially SME’s and start ups need to be educated about the benefits of debt collection. As SME’s and start ups are crucial future economic contributors to the economy. SME’s currently contribute 70% towards job creation, XTI recoveries feels strongly about assisting SME’s in minimising debt. 

For queries contact XTI Recoveries on:
Notes for editor Christi will be available for interview or any further queries upon scheduling

Contact details:
Christi Du-Plooy (owner)
Tel: 011 794 9877
Mobile 082 073 0594
Email This email address is being protected from spambots. You need JavaScript enabled to view it.
This email address is being protected from spambots. You need JavaScript enabled to view it.

Kredcor, situated in Johannesburg, South Africa, has expanded their range of business management services and can assist their B2B clients with the following:

* commercial debt collection

* credit information reports

* sundry credit management services, for instance default listing of companies and management, creit applications, tracing of defaulting debtors

* book keeping services, all the way through to having a CA sign the books off

* business related legal services

Kredcor has been in existence for 14 years now, and only employs experienced senior personnel, ensuring that their clients' matters are handled with the utmost care. Even international businesses doing business in South Africa, are utilising the services of Kredcor, in an effort to limit their credit risk and recover outstanding debt.

Kredcor has clients across the whole of South Africa, as well as international clients situated in England, America, the Netherlands and India.

The National Credit Act (NCA) is the standard by which Kredcor operates, and ensures that their dealings with the debtors of their clients fall within the confines of the NCA. This includes any and all legal documentation. As such, Kredcor is registered with the Debt Collectors Council of South Africa, as well as being members of ADRA (Association of Debt Recovery Agents).

As we all know, cash is king and having too large a debtors book, can seriously hinder the day to day operations of any business, no matter its size or location. This is where Kredcor can be of great help - they can minimise your credit risk by obtaining valuable information regarding your current and potential clients, as well as collecting outstanding debt, before it becomes too big a headache.

Their book keeping services will also ansure that your business is operating at maximum levels, and that your company is on the right side of SARS, as Kredcor can also assist with the payment of the relevant taxes.

To get in contact with Kredcor, they can be phoned on +2711 907 4406, or visit their website at http://kredcor.co.za.

{pp}South African debtors have nowhere left to hide from SMSs reminding them of their overdue accounts.

Until recently, only big business had access to SMS functionality for reminding their clients of overdue accounts and monthly payments. One year ago, DebtHound began offering an affordable scheduled SMS service to SMMEs for the purpose of debt collection, and as of now has added bulk SMS to their list of services.