The NCA for Credit Providers
This course has been designed to take you through your responsibilities as a credit provider in terms of the National Credit Act.
Terms and Conditions
Disclaimer
Acceptance of Terms and Conditions
Terms, Concepts and Terminology
Icons
Introduction
Purpose of the NCA
Types of Credit Agreements regulated by the NCA
The key role players
The structure of the NCR
Registering as a Credit Provider
Pre-Application for Credit
Negative Options Marketing
Prohibition of Marketing and Sales of Credit at home and at work
Advertising Practices
Application for Credit
Rights and duties of consumers when applying for credit
Rights and duties of credit providers when providing credit
Conclusion of the Credit Agreement
Unlawful credit agreements and clauses
Pre-Agreement disclosures
Forms and content of the credit agreement
Liability of lost or stolen cards or other identification devices
Existence of the credit agreement
Introduction
Charging
Changes, deferrals and waivers
Address for notice
Disclosure of location of goods
Substitution of goods
Issuing Statements
Alteration of a credit agreement
Debt enforcement
Debt review
Guidelines on processing applications for debt review
Dispute Resolution