n Without Prejudice - Affordability assessment regulations : consumer law / NCA
|Article Title||Affordability assessment regulations : consumer law / NCA|
|© Publisher:||JetBlue Publishers (Pty) Ltd|
|Publication Date||Oct 2014|
|Pages||29 - 30|
On August 1, the Department of Trade and Industry (DTI) published draft regulations to the National Credit Act (NCA) for public comment. These Draft Regulations include provision for a standardised approach to credit affordability tests that may introduce a new business process in the hands of credit providers.
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