SSDA

27/04/2025

“To be free is not merely to cast off one’s chains, but to live in a way that respects and enhances the freedom of others.” – Nelson Mandela.

Happy Freedom Day, South Africa.

22/04/2025

We are hiring! WORK-FROM-HOME RETIRED FINANCIAL SERVICES CONSULTANTS

Are you ready to make a difference from the comfort of your home? We're looking for experienced retired financial services professionals to join our team.

What We Do?
At Alefbet Collections & Recoveries, we specialise in empathetic debt collection strategies that prioritise repairing, resolving, and retaining relationships with clients. We believe in balancing financial responsibility with human understanding, and we are seeking experienced retired financial services professionals to join our team.

Forward your CV to: [email protected]
NB: If you have not received a response within 2 weeks, please consider your application as unsuccessful.

09/09/2024

The most important step for any indebted consumer who is struggling to make their debt repayments is to proactively engage with their credit providers. Ignoring the debt or calls from collections agents will not make the debt go away and there are long term repercussions in terms of their financial inclusion and access to credit in future. Many people are oblivious to the impact of unpaid debt on their credit score and their ability to access credit – severely hindering their future ability to acquire finance for buying a home, vehicle or other big-ticket essentials.

Creditors are open to renegotiating payment and credit terms where there is genuine financial distress and where debtors demonstrate a consistent willingness to pay. Be a part of finding a workable solution with lenders that protects financial integrity, credit worthiness, and especially assets.

https://www.ssda.co.za/take-control-of-your-debt-and-protect-your-credit-record/

Middle-class South Africans face a crisis of soaring living costs for essentials such as groceries, fuel, medicine, education, transport and electricity,

04/09/2024

to manage your debt obligations better

The better your credit score, the less expensive your debt repayments will be on future credit as you’ll qualify for the best possible terms and interest rates, due to your lower risk to the credit provider.

This is why it is so important to engage with a credit provider or collections agency if you find yourself unable to honour your debt repayments, and to put a new payment plan in place. This way you prevent your outstanding debt from going into the legal recovery stage, which is the point at which it can have a lasting negative impact on your credit record and score.

https://www.ssda.co.za/take-control-of-your-debt-and-protect-your-credit-record/

30/08/2024

to manage your debt obligations better

If you’ve been retrenched or face financial hardship, check if you have credit insurance on your loans and credit accounts. This insurance can cover your repayments for up to 12 months, providing much-needed relief in tough times.

https://www.ssda.co.za/take-control-of-your-debt-and-protect-your-credit-record/

28/08/2024

to manage your debt obligations better

Cut back on non-essential expenses like entertainment and dining out. Focus on budgeting and prioritising necessary expenses to get back on your feet.

https://www.ssda.co.za/take-control-of-your-debt-and-protect-your-credit-record/

23/08/2024

to manage your debt obligations better

Debt review is a significant step. Once in debt review, you cannot get new credit until all debts are settled. Engage with a reputable debt review agency and understand the implications before proceeding.

https://www.ssda.co.za/take-control-of-your-debt-and-protect-your-credit-record/

21/08/2024

to manage your debt obligations better

Using home loan equity to consolidate debt can be risky. It might put your home at risk if you fall behind on repayments. If you consolidate, ensure all overdue instalments are included in the new debt balance.
https://www.ssda.co.za/take-control-of-your-debt-and-protect-your-credit-record/

16/08/2024

to manage your debt obligations better

Paying off debts with the highest interest rates first can significantly reduce the overall interest you pay. As you eliminate one debt, redirect those payments to the next highest-interest debt to speed up your path to financial freedom.

https://www.ssda.co.za/take-control-of-your-debt-and-protect-your-credit-record/

14/08/2024

to manage your debt obligations better

If you are at risk of defaulting on debt repayments, contact your creditors proactively. Ignoring debt won't make it disappear; it can lead to legal action and asset attachment and will negatively damage your credit score which is crucial to your future creditworthiness.

If you are contacted by a debt collection agent, engage! As debt collection agents, we can open channels and facilitate the discussion and negotiation with your credit provider for a restructure of your debt to more manageable repayments.

https://www.ssda.co.za/take-control-of-your-debt-and-protect-your-credit-record/

12/02/2024

Between April 2022 to Feb 2023, 421 permanent employees at Shapiro Shaik Defries and Associates were put through their paces in various training and skills development programmes. In total, 4256 training opportunities were taken up by 421 employees to further develop their skills and competencies, and enhance their career progression within the business.

It’s this exceptional commitment to entrenching a culture of lifelong learning as well as shaping and growing the careers of young South Africans that saw SSDA recently presented an award by the Finance and Accounting Services Sector Education and Training Authority (FASSET) for its commitment to skills development for its employees.

Between April 2022 to Feb 2023, 421 permanent employees at Shapiro Shaik Defries and Associates (SSDA), a leading collections and recoveries BPO, were put

27/12/2023

Congrats to our Top Collect Stars for November. We recognise and appreciate the tremendous efforts and experience you bring to the table, striking the balance between ensuring that debt is successfully recovered while every debtor is always treated fairly, with dignity and respect for their unique circumstances. Our Collect Stars are absolute professionals in striking this important and delicate balance.