NATIONAL CREDIT REGULATOR: it is an independent body that regulates the credit industry. It is established in terms of the National Credit Act in order to manage disputes; register credit providers, credit bureaus and debt counsellors; and to ensure that consumer rights are protected among other functions.
NATIONAL CREDIT REGULATOR: it is an independent body that regulates the credit industry. It is established in terms of the National Credit Act in order to manage disputes; register credit providers, credit bureaus and debt counsellors; and to ensure that consumer rights are protected among other functions.
NATURAL PERSON: an individual or sole proprietor.
The failure to take reasonable care, for example, recklessness.
NEGLIGENT: the failure to take reasonable care, for example, recklessness.
NEGLIGENT: the failure to take reasonable care, for example, recklessness.
Legal content disclaimer
The information contained on this website is aimed at providing members of the public with guidance on the law in South Africa. This information has not been provided to meet the individual requirements of a specific person and LegalWise insists that legal advice be obtained to address a person’s unique circumstances. It is important to remember that the law is constantly changing and although LegalWise strives to keep the information up to date and of high quality, it cannot be guaranteed that the information will be updated and/or be without errors or omissions. As a result, LegalWise, its employees, independent contractors, associates or third parties will under no circumstances accept liability or be held liable, for any innocent or negligent actions or omissions by LegalWise, which may result in any harm or liability flowing from the use of or the inability to use the information provided.