Our Insights

Stay up to date

GO
GO
Filter: Credit Act
Be wary of an ‘instant loan’

15 September 2022

Open any newspaper, check your junkmail or read one of the many unsolicited sms or WhatsApp messages and you will... find an advertisement from a credit provider offering an instant credit loan, some even going so far as to state you are immediately approved. But how legit are these solicitations? 

READ MORE
661
Article
What legal costs can a creditor charge a debtor to recover outstanding debt?

08 February 2022

When times are tough, you may not get around to paying all your bills. But be warned, if neglected for... too long, it will inevitably lead to letters of demand for payment along with interest, charges and legal fees. As your outstanding obligations grow, you may wonder whether all these costs are allowed? Lets unpack what the law says.

READ MORE
456
Article
When am I required to register as a credit provider?

03 January 2019

I run a small crafts shop in town. From time to time I allow some of my regular customers to... pay me back over time. It’s usually not big amounts and I only do it to help them because I know times are tough. A friend warned me though that I should be careful as I may be required to register as a credit provider. Is this true?

READ MORE
311
Article

Subscribe To Our Newsletter