The National Credit Act Explained

Understand your rights under the National Credit Act (NCA) of South Africa. Learn about consumer protection and fair credit practices.

Key Provisions of the NCA

• Reckless Lending: Credit providers must assess your ability to repay before granting credit.
• Consumer Rights: You have the right to apply for credit, to be given reasons for credit refusal, and to access your credit records.
• Debt Relief: The Act introduced debt counselling as a measure for over-indebted consumers.