Don’t give a loan or credit to anyone (not even a friend) without legal advice!
A recent High Court case highlights once again the dangers of lending money, or granting credit, in contravention of our credit laws. By understanding the pitfalls associated with being an unregistered credit provider and of not complying with the National Credit Act (NCA), you can protect yourself from the potential legal and financial risks. Close […]
Unemployed, Can’t Pay Bond and Credit Instalments? “Credit Life Insurance” May Save You
If you are one of the many employees retrenched or put on short pay or unpaid leave as a result of the COVID-19 crisis and lockdown, you will be wondering how to cover the monthly installments on your mortgage bond and other credit agreements. You have no doubt heard of the “payment holidays” banks are […]