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Non-Compliance with the provision of the National Credit Act may render a credit agreement void and unenforceable. BEWARE UNREGISTERED CREDIT PROVIDERS.

Non-Compliance with the provision of the National Credit Act may render a credit agreement void and unenforceable. BEWARE UNREGISTERED CREDIT PROVIDERS.

by Admin_FWB | May 30, 2023 | Video

Credit agreements concluded by credit providers that are required to register as such and have failed to register, in terms of Section 40(1) of the National Credit Act 34 of 2005 (”the NCA”), are unlawful, and a Court is required to declare such agreements...
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