About this document
National Credit Act Overview South Africa by Florentino-inez Fredericks is a document available to read on EtoBox.
The National Credit Act establishes the National Credit Regulator to regulate the consumer credit industry in South Africa. The objectives of the Act are to promote fairness and protect consumers in the credit market. Key features of the Act include regulating language in agreements, advertising, interest rates, reckless lending, and debt counseling. The Act takes effect on June 1, 2006, with some sections phasing in later. Consumers can contact the National Credit Regulator or other organizations for assis
- Author
- Florentino-inez Fredericks
- Language
- EN