National Credit Act

Protecting the ‘unbanked’

27th November 2018|Commercial Law, Consumer Law, Litigation|

In March 2018 the Western Cape High Court delivered a judgment on the validity and effectiveness of the financial assessment mechanisms prescribed by the National Credit Act 34 of 2005 (“the NCA”). This financial assessment is obligatory to all considerations of affordability prior to the extension of credit to a consumer by the relevant credit


Am I required to register as a Credit Provider? Recent Changes to the National Credit Act and Regulations

21st June 2016|Articles, Commercial Law|

  The National Credit Act requires certain categories of money lenders to register as Credit Providers in terms of the Act. The Act is, however, applicable to all Credit Providers, even those who are exempt from registration (this category has, in light of recent amendments, been drastically narrowed). Who needs to register? The effect of


Notice by SMS: the Law.

26th April 2016|Articles, Consumer Law, ICT Law|

We have all received SMSes from businesses offering their services to us. Often when these messages are unsolicited we consider them to be spam and block the number, or even complain to WASPA or perhaps the DMASA about them. But if we are in a commercial relationship with one of these businesses, can they use


Go to Top