Legal Framework Flashcards
1
Q
Which Act was passed in 2005?
A
National Credit Act 34
2
Q
When did the NCA come into effect
A
2007
3
Q
NCR?
A
National Credit Regulator
4
Q
NCT
A
National Consumer Tribunal
5
Q
Who registers with the NCR?
A
- Credit Providers (CP)
- Debt Counsellors (DC)
- Credit Bureaus (CB)
- Payment Distribution Agents (PDA)
6
Q
Which CLI (Credit Life Insurance) does FinFix use?
A
DCCP (Debt Counsellors Credit Protect)
