Have you got old debt? You could be off the hook
Collecting old, padded debt is a very lucrative business, and no doubt many consumers are paying unnecessarily because they don’t know their rights, writes Wendy Knowler
23 April 2023 - 00:01
The Prescription Act is a quirky piece of law. Faced with a demand to pay a debt that’s been dormant for more than three years, a consumer can play the prescription card and refuse to pay it...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
There’s never been a more important time to support independent media.
From World War 1 to present-day cosmopolitan South Africa and beyond, the Sunday Times has been a pillar in covering the stories that matter to you.
For just R80 you can become a premium member (digital access) and support a publication that has played an important political and social role in South Africa for over a century of Sundays. You can cancel anytime.
Already subscribed? Sign in below.
Questions or problems? Email helpdesk@timeslive.co.za or call 0860 52 52 00.