This blog is co-authored by Zubenathi Ndlwana and Brigitte Eloff (Candidate Attorneys)
In April 2025, the Supreme Court of Appeal (SCA) highlighted the importance of credit providers being registered before concluding credit agreements and advertising credit.
The appellant, a pawn broking business, gave short-term loans to consumers and in return retained possession of their movable
This blog was co-authored by Hannah Howell, Candidate Attorney.
The High Court handed down a judgment on 7 October 2024 which spotlighted that an instalment sale credit provider under the National Credit Act (NCA) must prove that the repossessed goods have been sold at the best reasonably obtainable price and may not just get summary
An acknowledgement of debt relating to a loan from one friend to another for a capital amount of R831 000 and interest at 18% per year was held to be a credit agreement for the purposes of the National Credit Act.
The agreement identified the capital, the interest at 18%, deferred payments, collection fees to