Consumer Law articles

CREDIT: Wikimedia Commons

South Africa: National Credit Act – How far must a credit provider go to bring notice to a debtor?

South Africa: National Credit Act – How far must a credit provider go to bring notice to a debtor?

It is common cause that the majority of South Africans, including the unsophisticated, engage daily in credit agreements, where often the repayment of which is in instalments. However, most of them are often not aware of their rights and obligations under the credit agreement except for the duty to pay the instalments. Often, credit consumers…

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