NCA

With effect from the 1st June 2007, a new credit act will be implemented by the Department of Trade and Industry that will create a credit industry which is more responsible, through protecting the rights of the consumer. SA Home Loans has always been a firm believer in protection of consumer rights. Therefore, ensuring that we are compliant with the legislation in question will not be a major shift in the manner in which we have always conducted our business. The National Credit Act 34 of 2005 (NCA) is regulated by the government to promote a fair and non-discriminatory marketplace for consumers to access credit.

If you would like to get more information on the National Credit Act you can access the Act through the following link. www.ncr.org.za