Credit regulator loses to furniture retailer Lewis in court - again

2019-12-18 09:41

The Supreme Court of Appeal has dismissed an appeal by the National Credit Regulator in a drawn-out legal battle against major furniture retailer Lewis Group.

Lack of evidence scuppers credit regulator bid against Finbond

2017-09-04 14:36

The National Consumer Tribunal has dismissed an application by the National Credit Regulator against Finbond Mutual Bank over excessive credit life insurance premiums.

Stay away from debt in recession, cautions credit watchdog

2017-06-09 14:13

The National Credit Regulator says consumers should not take on unnecessary debt in a worsening economic climate after South Africa officially entered into a recession.

Mr Price in breach of credit act - NCR

2017-06-01 11:53

Mr Price has been referred to the National Consumer Tribunal by the National Credit Regulator for being in breach of the National Credit Act.

Eagle Cash loans fined R250 000 for reckless lending

2017-02-27 13:40

The National Consumer Tribunal slapped Eagle Cash Loans, a strand-based credit provider, with a R250 000 fine and cancelled its registration as a result of reckless lending practices.

Bank to fight court bid after consumers complain of debt set-off

2017-01-18 07:39

Standard Bank will oppose a court bid by the National Credit Regulator, which wants a court to order that the common law set-off has been superseded by the National Credit Act.

Lewis, hit by new credit rules, sees 26.5% profit drop

2016-05-25 08:38

The Lewis Group has posted a 26.5% fall in profits, due to tough trading conditions and the introduction of new affordability assessment regulations by the NCR.

Go on a saving adventure

2015-10-20 14:06

Ever been put off from saving because its a road less travelled and your previous attempts have not been successful? It may be time to go on a savings adventure.

Finbond to appear before tribunal

2015-06-21 15:03

Customers who have borrowed money from FinBond could receive a refund after the National Credit Regulator announced that it had referred Finbond Mutual Bank (Finbond) to the National Consumer Tribunal for charging excessive credit life premiums.

Money lenders breaking credit act exposed

2013-11-08 15:45

To stem the abuse of consumers by lenders the National Credit Regulator and Saps have conducted a joint sting operation.


BMW disputes NCR compliance notice

2017-10-06 19:30

BMW Financial Services plans to object to a compliance notice issued by the National Credit Regulator regarding on the road fee charged on credit agreements.

Foschini in breach of credit act - NCR

2017-07-04 10:11

The National Credit Regulator has referred Foschini to the National Consumer Tribunal for being in breach of the National Credit Act.

Credit regulator to appeal Lewis tribunal victory over club fees

2017-06-06 11:07

The National Credit Regulator will appeal the National Consumer Tribunal’s judgment, which dismissed its referral against Lewis Stores over its club fees and extended warranties.

Credit ombud rakes in millions for consumers

2017-03-26 08:51

Are you unhappy with your credit provider? Have you been given more debt than you can afford to pay back? Help is at hand, and it’s just an SMS away.

Debt set-off: How to curb banks taking your cash

2017-01-19 14:30

An expert explains how consumers seeking loans can ensure their money is not taken without their permission, after the NCR filed papers against a bank over the practice.

Credit battle begins: NCR takes bank to court over common law set-off

2017-01-17 13:12

The National Credit Regulatorr has gone to court to get legal clarity on the effect of section 124 of the National Credit Act 34 of 2005 on the common law set-off.

ANC calls for debt forgiveness as consumers owe R1.63trn

2016-03-15 14:48

About 10 million South Africans are over-indebted and SA’s gross debtors' book stands at a whopping R1.63trn, says the National Credit Regulator.

Shoprite probed for reckless lending

2015-10-14 11:10

Shoprite is being investigated for reckless lending practices, the National Credit Regulator has announced.

We don’t record medical info – credit bureau

2014-04-17 16:10

The Consumer Profile Bureau has denied carrying medical information of consumers, after the National Credit Regulator issued it with a notice of non-compliance.

Debt among youth 'exploding'

2013-07-17 16:10

More and more young people are finding themselves over indebted and student debt has more than doubled over the past three years, according to a survey.

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