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National Credit Act

National Credit Act Update

National Credit Act - Removal of Adverse Consumer Credit Information and Information Relating to Paid Up Judgements: Minister Rob Davies of the Department of Trade and Industries has signed has signed the regulations around Removal of Adverse Consumer Credit Information and Information in relation to Paid Up Judgements. The regulations specify the requirements, processes...
Credit Bureau Monitor Q1 2016

Credit Bureau Monitor

The information reflected in this edition of the Credit Bureau Monitor covers the period from the quarter ended March 2012 to March 2016, and is based on data held by registered credit bureaus in terms of the National Credit Act No 34 of 2005.

Summary

Credit bureaus create consumer credit profiles based on...

Consumer Credit Market Report Q1 2016

Consumer Credit Market Report

First Quarter | March 2016

 The total value of new credit granted decreased from R124.15 billion to R108.33 billion for the quarter ended March 2016, a decrease of 12.74% when compared to the previous quarter and an increase of 0.74% a year ago. The number of applications for credit decreased by...