The National Credit Regulator (NCR) has a vital function to perform. They were established by the National Credit Act (the Act) They are tasked with ensuring that the various rules, regulations of 2005 and are responsible for the regulation of credit in South Africa.Continue reading “The job of the National Credit Regulator in South Africa”
Debt Review is a process governed by the laws of South Africa, specifically, the National Credit Act 34 of 2005.
Your Debt Counsellor has no power to “allow” you to reduce or not pay your installment. Even with the current crisis. You MUST continue to pay your installment in order to retain the protection of the Debt Review.Continue reading “Maintaining Payment of Debt Review installments during the Coronavirus Crisis”