National Credit Act, 2005 (Act No. 34 of 2005)

Chapter 5 : Consumer Credit Agreements


Part A : Unlawful agreements and provisions

89. Unlawful credit agreements

90. Unlawful provisions of credit agreement

91. Supplementary requirements and documents


Part B : Disclosure, form and effect of credit agreements

92. Pre-agreement disclosure

93. Form of credit agreements

94. Liability for lost or stolen cards or other identification devices

95. Changes, deferrals and waivers

96. Address for notice

97. Consumer must disclose location of goods

98. Agreement attaches to substituted goods

99. Obligations of pawn brokers


Part C : Consumer’s liability, interest, charges and fees

100. Prohibited charges

101. Cost of credit

102. Fees or charges

103. Interest

104. Changes to interest, credit fees or charges

105. Maximum rates of interest, fees and charges

106. Credit insurance


Part D : Statements of account

107. Limited application of this Part

108. Statement of account

109. Form and content of statement of account

110. Statement of amount owing and related matters

111. Disputed entries in accounts

112. Dating and adjustment of debits and credits in accounts

113. Statement of settlement amount

114. Tribunal may order statement to be provided

115. Disputes concerning statements


Part E : Alteration of credit agreement

116. Alteration of original or amended agreement document

117. Changes by agreement

118. Reductions to credit limit under credit facility

119. Increases in credit limit under credit facility

120. Unilateral changes by credit provider


Part F : Rescission and termination of credit agreements

121. Consumer's right to rescind credit agreement

122. When consumer may terminate agreement

123. Termination of agreement by credit provider

Debt Counsellors

Marsia Kuypers

Tel: 082 396 2568

Fax: 086 556 3328

Area: Pretoria

Jan-Viljoen Coetzee

Tel: 084 549 1755

Fax: 086 621 9193

Area: Nina Park

Valerie Nakale

Tel: 018 381 8768

Fax: 018 381 8604

Area: Mafikeng

Dean Morris

Tel: 083 645 4094

Fax: 031 763 4363

Area: La Lucia

Joana Vivier

Tel: 053 832 6229

Fax: 086 543 4640

Area: Kimberley

Jacques Jooste

Tel: 011 794 7555

Fax: 011 794 9965

Area: Johannesburg

Marlene Stein

Tel: 012 667 4177

Fax: 086 527 2203

Area: Irene

Heidi Naude

Tel: 044 873 0281

Fax: 086 512 5012

Area: George

Herbert Theron

Tel: 011 472 0088

Fax: 086 655 6730

Area: Florida

Isabe Landman

Tel: 041 933 1189

Fax: 086 591 2676

Area: Despatch

Andiswa Tinto

Tel: 021 431 9134

Fax: 086 523 7084

Area: Cape Town

Jaco Janse Van Rensburg

Tel: 082 568 4969

Fax: 086 645 0389

Area: Barberton

Monique Snyders

Tel: 032 946 3024

Fax: 086 588 4605

Area: Ballito

Christopher Beukes

Tel: 084 2577599

Fax: 021 637 5023

Area: Athlone

Lydia Kinnear

Tel: 082 824 6338

Fax: 086 537 5976

Area: Annlin

Anlizette Schuurman

Tel: 031 903 3840

Fax: 031 701 5570

Area: Amanzimtoti

Kelebogile Mooketsi

Tel: 082 299 3430

Fax: 086 695 3280

Area: Amandasig

Annerie Marais

Tel: 083 703 0486

Fax: 045 838 6572

Area: Aliwall North

Rerandzo Mokgwatlheng

Tel: 082 430 6329

Fax: 011 805 8348

Area: Alexandra Township

Daniel Lezar

Tel: 011 907 1022

Fax: 011 907 1490

Area: Alberton