How does the National Credit Act assist or help consumers with the fair treatment

How does the National Credit Act assist or help consumers with the fair treatment

How does the National Credit Act assist or help consumers with the fair treatment?

Changed status to publish
0

How does the National Credit Act assist or help consumers with the fair treatment?

8 Ways in which the National Credit Act assist or help consumers

The Purpose of the National Credit Act is to:

  • promote a fair and non-discriminatory market place for access to Consumer credit;
  • regulate Consumer credit and improve standards of Consumer information;
  • prohibit certain unfair credit and credit marketing practices;
  • promote responsible credit granting and use;
  • prohibit reckless credit granting;
  • provide for debt re-organization in case of over-indebtedness;
  • to regulate credit information;
  • and establish recourse for unfair credit practices.
Changed status to publish
0

--------------------------------------------------

OPTIONAL

If you have registered before, please login below.