Monday, November 9, 2009
Legislative Change affecting Legal City Debtor Management Services
Recent legal arguments have highlighted Section 70 (2)(d) of the National Credit Act ("NCA"), Act 34 of 2005, which states: "A registered credit bureau must - (d) retain consumer credit information reported to it for the prescribed period, irrespective of whether that information reflects positively or negatively on the consumer".
We have therefore been advised that with immediate effect all information that is factually correct will now remain on a consumer's record for the full data retention period as required by the Act. In the case of adverse listings this is either one or two years depending on whether the listing was subjective or enforcement related.
Subsequently, if you have previously listed a consumer default and now wish to remove that default we will instead update the record to reflect "Paid In Full" - the original default will still reflect on the consumer's credit profile.
Monday, November 9, 2009
Legislative Change affecting Legal City Debtor Management Services
Recent legal arguments have highlighted Section 70 (2)(d) of the National Credit Act ("NCA"), Act 34 of 2005, which states: "A registered credit bureau must - (d) retain consumer credit information reported to it for the prescribed period, irrespective of whether that information reflects positively or negatively on the consumer".
We have therefore been advised that with immediate effect all information that is factually correct will now remain on a consumer's record for the full data retention period as required by the Act. In the case of adverse listings this is either one or two years depending on whether the listing was subjective or enforcement related.
Subsequently, if you have previously listed a consumer default and now wish to remove that default we will instead update the record to reflect "Paid In Full" - the original default will still reflect on the consumer's credit profile.
Tuesday, June 2, 2009
Benefits of registering as a user on Legal City
Registration on our web site is free and there is no monthly subscription fee.
- You can purchase Legal Credits in order to access our premier services
- You can participate in our online discussion forums and publish your services on our legal noticeboard - free of charge
- You can keep a track of all searches you do and produce audit reports for your own use
- You can facilitate multiple user access to your account (and audit their usage as well)
You can be kept informed of changes to existing and new services on Legal City
Monday, March 2, 2009
Legal City now offers Collection Letters
We take great pleasure in re-introducing our Collection Letter service.
Using this service you can send a registered letter or telegram to a debtor requesting payment of an outstanding debt. The letter is certified to be compliant with Section 168 of the National Credit Act (Act 34 of 2005) and meets the notice requirements of Section 129 of the same Act.
The service is also designed to automatically remind you after the prescribed time has passed so that you may proceed with additional action against the debtor should you not receive payment.
The cost of the collection letter is fixed and we do not charge you any additional collection fees or commissions. Please take some to click here and revew this new service.
Sunday, August 3, 2008
Database Maintenance
With the launch of our new web site we will be conducting ongoing maintenance of our user database which may result in a small number of user accounts being suspended. This is unintentional and occurs automatically when we are unable to communicate with you via email.
If you see a suspension notice when you try to log on then please contact our call centre immediately so that we can help you re-activate your account.
Important Note: We would like to remind all our users that it is important to keep your contact details (specifically your email address) up-to-date to avoid your account being suspended. Legal City requires accurate and up-to-date details in order to provide you with access to our services.
Sunday, August 3, 2008
New Transunion Terms of Use
In order to ensure that Legal City remains fully compliant with the requirements of the National Credit Act we have implemented a new TransUnion Credit Bureau Terms of Use document which governs your access to their services.
One of the requirements of this new document is that we must be able to positively identify you as the requester of the data and accordingly we now require a valid South African ID for each TransUnion credit enquiry that you conduct. Your ID number will be kept completely confidental and will only be divulged should we receive a demand from the National Credit Regulator in terms if the TransUnion document.
We thank you for your understanding and participation in this matter.
If this is your first visit to our site please 
