Changes to National Credit Act in pipeline
Linda Ensor in Business Day Live reported on the future: “Amendments to the National Credit Act were in the pipeline to streamline the process of debt review and counselling and to address issues...
View ArticleSeperating the Baby and the bathwater – Garnishee Orders
The original version of Brett Bentley cover article appearing in the March 2013 De Rebus, the official SA Attorneys journal. Background The term “garnishee order” is commonly but mistakenly applied...
View ArticleMidrand Commercial Credit Management Seminar
Bentley Credit Control had a successful commercial credit management seminar on Friday the 22nd February 2013 in Midrand with a excellent group of credit managers and credit controllers. It is apparent...
View ArticlePrivate NCA Amendment Bill Flawed and then Floored
Mario Oriano-Ambrosini MP , fought all the way to the Constitutional Court for his right to bring a Private Member’s Bill – the National Credit Act Amendment Bill. This in itself was an important...
View ArticleBanks Reject Credit Amnesty
At a Trade and Industry Portfolio Committee meeting held last Wednesday 27 February 2013, the banking sector rejected the proposed credit amnesty for certain indebted people. The department proposed...
View ArticleGovernment moves to protect consumers and assist over-indebted households
This statement elaborates on a Cabinet decision taken last week, authorising Ministers of Finance and Trade and Industry to take measures to assist over-indebted households and also prevent them from...
View ArticleNo boom in car sales after credit amnesty
DAVID FURLONGER of Business Day reports: CONSUMERS hoping a recent credit amnesty would open the door for them to buy new cars received a reality check last month, with new vehicle sales falling by...
View ArticleNational Credit Amendment Act of 2014 Signed into Law
The National Credit Amendment Act of 2014 was signed into law by the President on the 20th May 2014. The Amended Act deals with a number of issues in terms of the National Credit Act, the most...
View ArticleDraft NCA Regulations and National Consumer Tribunal Rules Published
The Minister of Trade and Industry, Dr Rob Davies, has published the National Credit Regulations and regulations for the amendment of regulations dealing with functions and rules of the National...
View ArticleProposed Guidelines for “Statutory in Duplum” Interest & Charges Cap
With consumer debtor’s under pressure the government seems to focusing on the interest that they are being charged. The Department of Trade and Industry has published a PROPOSED GUIDELINES FOR THE...
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