ADRDS
Automated Debt Review Dispute System
The Only System that Talks Directly with the NCR
NCR Debt Counsellor Statistics
Since inception of debt counselling in 2007, over 2900 debt counsellors have been deregistered.
The statistics below indicate that over 65% of registered debt counsellors are no longer involved in debt counselling. This means that a large number of consumers are still listed under debt review displaying a deregistered debt counsellor, rendering the credit bureau information false and incorrect and unfairly prejudicing affected consumers.
It is up to you as the consumer to ensure that the debt review flag is removed when the debt counsellor who placed you under debt review is no longer involved in debt counselling.
Removal of the Debt Review Flag - Debt Counsellor Deregistered
A Consumer Cannot Be Under Debt Review without a Debt Counsellor
Over 2900 debt counsellors have voluntarily left the debt review practice and/or have been deregistered due to lapsed registration, non-compliance and/or misconduct.
The NCR cannot remove the debt review flag without the consumer's consent and instruction.
It is the responsibility of the consumer to inform the NCR of the status of the debt counsellor in order for the NCR to remove the debt review flag.
Steps to Log Removal Instructions:
1. Register for the ADRDS dispute and removal service
2. You will receive latest credit report displaying the debt counsellor registration status
3. You will recieve a legal affidavit instructing the NCR to remove the debt review flag for commissioning
4. Upon return of the commissioned affidavit, the Adrds system will automatically log the dispute with the NCR
5. The NCR shall remove the debt review flag within 7 days (maximum 30 days)
6. You will receive updated credit report showing the flag has been removed.
Regular Service Fee Once-Off R970
December Discount Once-Off R500
Debit Order
First Month R50
then R500 x 1 month