The National Credit Act (NCA) became effective on 1 June 2007. The objectives of the NCA are:

To create one set of rules for all credit activities
To prevent reckless lending by credit providers
To improve consumer rights for credit consumers.

These objectives are achieved by 3 [...]

Excessive credit combined with reckless lending and spending as cause a major global financial crisis causing most economies to go into recession. Here are some useful tips on avoiding those credit card pitfalls. Seeing people buying food or shopping clothes using credit cards has been commonplace over recent years.

How Difficult is it To Get Business Finance?
If you’ve tried to get a loan from the bank for your business lately, you know it’s no slam-dunk. All the advertising where banks claim to be SME friendly sound great, but when you get nose-to-nose with a banker it’s another story.Some of the reasons that make [...]