National Credit Act

National Credit Act – NCA – abr.

Author : Dykes, van Heerden – ATTORNEYS & CONVEYANCERS NATIONAL CREDIT ACT: INTRODUCTION The National Credit Act (hereinafter referred to as “the NCA”) was passed by Parliament on the 10th of March 2006. The main provisions of the Act came into effect on the 1st of June 2007


Author : Homeloans SA The NCA: Banking Consumer Rights in a Nutshell One of the most important contributions made by the National Credit Act is that it defines our rights as banking consumers. Before the NCA, the banks did not have to share your credit check...

NCA – About the NCA

Author : Homeloans SA The NCA In A Nutshell The National Credit Act 34 of 2005, which was implemented on the 1st of June 2007, is a voluminous affair. The NCA itself is 116 pages long and the Regulations that apply to it, a further 168 – more than most consumers would volunteer to digest under normal circumstances

NCA – Property and the NCA

Author : Homeloans SA NCA: The Bane of Property Investment The National Credit Act (NCA), since its inception, has been controversial. Quite nobly, the NCA was intended to safeguard consumers from exploitative lending practices and to prevent over indebtedness

NCA and How it Will Affect Your Home Loan App

Author : Homeloans SA The National Credit Act and How It Will Affect Your Home Loan Application. A Blessing or a Curse? The National Credit Act was anticipated with mixed feelings and, when it was implemented on the 1st of June 2007 and was received with mixed feelings

NCA and the Homeloan Market

Author : Homeloans SA The NCA and How It Affects the Home Loan Market The culprit is… The decline in the property market has been blamed on many factors such as the world-wide recession, the high interest rates, inflation and also on the National Credit Act (NCA)