Does your loan agreement fall within the National Credit Act?

A question that is asked many times is whether the loan agreement, mortgage or credit facility on offer is regulated by the National Credit Act.

By: Aldes

Posted on Oct 28 2016, in Resources for sellers


‚ÄčThe importance hereof relates to the responsibility towards the moneylender (the Bank) and the rights and obligations afforded to the borrower (you). An easy guide to answer the question is to follow the diagram below:

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Tags: credit

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