The National Credit Act (NCA)

We aim to meet your credit
needs in a responsible manner

What this is:

Protecting the consumer in
the credit market

- Provides one set of rules for all credit activities,
- Aims to prevent reckless lending, over-indebtedness and unfavourable lending practices, and
- Establishes new and improved rights for credit consumers.

Who the Act applies to

The NCA applies to credit agreements with all consumers entered into after 0I June 2007, and to entities whose asset value or annual turnover is below R1 million, such as:

Close corporations
Companies
Partnerships
Trusts

Contact Us

Seventy8 Loans and Investments (PTY) LTD
An Authorised Financial Services and Credit Provider 2018/ 263400/ 07 (NCRCP11172)