by VDT Attorneys | Jun 19, 2024 | Agreement, National Credit Act
To determine if the NCA is applicable to a specific transaction or agreement, one must first consider if the consumer involved in the transaction falls under the definition contained in section 4 of the Act. Thereafter one will consider if the specific agreement is a...
by VDT Attorneys | Sep 15, 2022 | Credit, Credit Act, Credit assessment, Instant loans, National Credit Act, NCA
Many consumers are in need of a quick financial injection and the lure of these unsolicited requests to get a quick and ‘hassle free’ loan without lots of paperwork can seem quite appealing. Generally though, caution should be your first instinct as these...
by VDT Attorneys | Apr 14, 2020 | National Credit Act
Even though it is a progressive act with noble intentions, the National Credit Act at times reads like a disjointed fairy tale. The learned judge Lewis aptly remarked in Absa Technology Finance Solutions (Pty) Ltd v Michael’s Bid A House CC and Another 2013 (3) SA 426...
