The Association of Debt Recovery Agents (ADRA) is a non-profit entity that acts as the representative voice of the South African debt collection industry. ADRA represents the interest of various debt collection companies and acts in the interest of both credit providers and debtors. By holding its members to the highest standards of integrity, professionalism, ethics and excellence, ARDA seeks to ensure that debt collection companies play an important and significant role in the credit lifecycle.
PRS & Associates are proud to say that we are registered member of ADRA. We give our clients the assurance that we will always act in accordance with their rules and regulations, maintaining our position as a professional and responsible debt recovery company.
Feel free to visit ADRA’s website for further information: http://www.adraonline.co.za/.
The Council for Debt Collectors was created by an Act of Parliament to make provision for the regulation and control of fees debt collectors charge, thereby ensuring the fair recovery of debt.
The Act of Parliament the Council for Debt Collectors was created by aims to exercise control over debt collection as an occupation, ensuring good conduct and professionalism within the industry, while at the same time legalising the recovery of remuneration or fees by companies registered as debt collectors. No person or company can therefore collect debt on behalf of a third party without being registered with the Council for Debt Collectors.
Each and every staff member of PRS & Associates’ who makes contact with your customers is registered with The Council for Debt Collectors. This means our clients can put their full trust in us to collect debt on their behalf.
For further information on The Council for Debt Collectors, visit their website at: http://cfdc.org.za/.
PRS & Associates are subscribers to the TransUnion Credit Bureau. Our association with this company allows us to investigate and keep track of a debtors’ credit status, in turn helping us effectively recover debt on our clients’ behalf.
We are also subscribers to iTeam, an IT company that utilises the latest credit checking technologies that enables us to gather information on and track/trace our clients’ debtors.