The National Credit Act No 34 of 2005 was passed by Parliament on the 10th of March 2006 and aims to reduce reckless credit behaviour, both by credit providers and consumers and to reduce the level of over-indebtedness in South Africa.
DurationThe National Credit Act No 34 of 2005 was passed by Parliament on the 10th of March 2006 and aims to reduce reckless credit behaviour, both by credit providers and consumers and to reduce the level of over-indebtedness in South Africa.
The National Credit Act aims to reduce the level of over-indebtedness in South Africa, enhances consumer rights and education, and regulates the provision of credit.
The NCA also provides for consistent treatment of all consumers, as well as readdresses the power balance between credit providers and consumers. Lastly, and most importantly, the NCA promotes responsible borrowing and prohibits reckless lending.
Moonstone Business School of Excellence (MBSE) was established in 2015 after the acquisition of PSG Academy by the Moonstone group. Moonstone Intellectual Capital and PSG Academy amalgamated into one school of excellence to deliver comprehensive training solutions to all our students.
Most people need to obtain credit to get the goods they want, and to pay these items off in instalments. To ensure that credit providers do not take advantage of consumers, consumer rights in South Africa are protected under the National Credit Act (No. 34 of 2005) (NCA).
Credit Management and Debt Recovery course is offered by Garvey Africa Institute. Garvey Africa Institute promises to help individuals, groups and organisations realize their goals through training that satisfies their skills demands.
The National Credit Act was enacted in 15 March 2006 to comprehensively regulate the credit industry in South Africa. Its promulgation was the culmination of numerous discussions and researches conducted by various entities and government institutions.
ICM Africa Certificate in Credit Management Courses are offered by PSB College.
Credit Management training is offered by Claricent Consulting Services Pty Ltd. The team at Claricent Consulting Services has been involved in development work involving private sector development for several years.
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