MBD Attorneys
Prescribed accounts and listing on ITC

You are harrassing me for Mr Price and Truworths accounts which I do NOT have. Accounts which you say were opened in the 90's - don't remember the exact year. Apart from me not having these two accounts, are you aware that by law you are not allowed to claim on prescribed accounts??? You now claim you have listed me on XDS Credit Berueau - please REMOVE this ILLEGAL listing immediately!!!

Here's part of the credit act in case you missed it:
Prescription
If the last time that a consumer paid any money on the account is more than 3 years ago, and they have not admitted that they owe the money, the consumer can claim that the debt has prescribed. This means that the creditor has the right to ask for the money, but the consumer can raise the defence of prescription and refuse to pay the remaining balance on the debt.
If a claim has prescribed, the negative listing must be removed from the credit bureau records in terms of the National Credit Act.