Debt Counselling according to the NCR The National Credit Regulator put out the following release relating to debt counselling in August 2021. The National Credit Act introduced debt counselling in 2007 as a debt relief measure that could assist over-indebted...
NCR Dodges Questions about Reckless Lending at African Bank It is shocking and deeply troubling that the National Credit Regulator (NCR) declined to divulge information to investigators compiling a report about the collapse of African Bank. The NCR is the body...
Lewis Referred to Consumer Tribunal Again On Tuesday, Lewis Group announced that its subsidiary, Lewis Stores would face the National Consumer Tribunal (NCT) for suspected contraventions of the National Credit Act (NCA). Lewis may be fined heftily if found to...
SA Consumer Debt – Don’t Get Trapped Consumer Debt in South Africa Consumer debt is a major problem in our country. For this reason, we should all be at our most vigilant, when it comes to over-committing ourselves to consumer debt. South Africa’s economic...
Consumer Protection Bodies Join Forces! Enhanced Consumer Protection To enhance consumer protection, the National Consumer Commissioner Ebrahim Mohamed has highlighted the necessity for consumer protection bodies to support one other’s work efforts, instead of...