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Financial Wellness

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What is the National Credit Act?

The National Credit Act ('NCA'), 34 of 2005 was introduced by the government of South Africa to better regulate the credit industry and protect consumers from unscrupulous lenders. The National...

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What is the National Credit Regulator?

The National Credit Regulator (NCR) is an independent regulatory body that was established by the National Credit Act (NCA) 34 of 2005 to protect South African consumers. The NCR manages disputes,...

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What is a Credit Bureau?

In terms of Section 70 of the National Credit Act (NCA), a credit bureau is an entity that collects, compiles and reports consumer credit information, filed from any credit provider, for the purposes ...

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