Need Legal Advice?

No Matter What Your Bind We Can Help You


 


 

Legal Articles

Posts Tagged 'What is the purpose of the affordability assessment'

We are pleased to present below all posts tagged with 'What is the purpose of the affordability assessment'. If you still can't find what you are looking for, try using the search box.

Affordability Assessment - How Far Should Credit Providers Go?

A significant number of South Africans are finding it challenging to honour their debt obligations, thereby resulting in some being declared over-indebted. To curtail this state of affairs, the National Credit Act places an obligation on credit providers to undertake affordability assessments before granting credit to consumers.


Subscription

Get the latest updates in your email box automatically.

Search

Archive