Legal Remedies provided by the Act Flashcards
1
Q
What is section 89?
A
Unlawful credit agreements.
2
Q
Which cases deal with unlawful credit agreements?
A
- NCR v Opperman
- Chevron v Wilson
3
Q
What is section 90?
A
Unlawful provisions of credit agreements.
4
Q
What is the in duplum rule?
A
A rule that states that while a consumer is in default, all credit costs will stop being added to the debt when their total equals the unpaid balance of the principal debt (section 103(5)).
5
Q
Which case deals with the in duplum rule?
A
Nedbank v NCR.
