PDA Fees
PDA FEES
The fees which the PDA may recover in respect of the services and functionality provided for in the Service Level Agreement, may not exceed:
1.1.1 For consumers’ debt rearrangement plans effective before 01 February 2011 the following fees will apply:
1.1.1.1 A fee of R7.00 for each payment of between R1.00 and R200.00 distributed in respect of each credit
agreement included in the consumer’s debt re-arrangement plan.
1.1.1.2 A fee of R15.00 for each payment between R201.00 and R500.00 distributed in respect of each credit
agreement included in the consumer’s debt re-arrangement plan.
1.1.1.3 A fee of R25.00 for each payment exceeding R500.00 distributed in respect of each credit agreement
included in the consumer’s debt re-arrangement plan.
1.1.1.4 These amounts are exclusive of value added tax (VAT).
1.1.2 For consumers’ debt rearrangement plans or restructured proposals of consumers effective from 01 February
2011 the following fees will apply:
1.1.2.1 A fee of 3% of the distributable amount, with a minimum fee of R50.00 and a maximum of R500.00 per
consumer contribution.
1.1.2.2 These amounts are exclusive of VAT.