On 9 August, the new limits on how much a lender can charge for credit insurance came into effect.
Tag - National Credit Regulator
The NCR is taking Standard Bank to court over the bank's use of the set-off principle to take money from clients to settle outstanding debt.
Disputed debit orders could lead to the collapse of the entire debt counselling industry unless the Department of Trade and Industry takes urgent action.
Amendments to the National Credit Act have set new maximum interest rates which can be charged on a loan, based on the repo rate.
If you have a bad credit record does this affect your prospects of getting a job, and does a good credit record improve your chances?
There are many fraudsters pretending to be credit providers and asking for money upfront, only to disappear once they have your money.
A referral by the NCR may see the removal of the Edgars Club fee.
As consumers feel the pinch, they are resorting to more expensive forms of credit to fund consumption.
You can withdraw from debt review if your financial situation has changed significantly or you only have your mortgage left to pay.
The DTI’s decision to delay the implementation of the NCA Amendments relating to affordability tests has resulted in an alarming increase in ‘payday’ loans.