Friday, January 4, 2013

What Is The Purpose Of The National Credit Act Of South Africa?

The National Credit Act of South Africa was passed by the Parliament in the spring of 2006. On June 1, 2007 the provisions of the Act finally came into effect. The Act was passed in an effort to regulate the credit industry in the country and to help people in severe debt. Here is an overview of the purpose of the National Credit Act or NCA.

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