n Personal Finance Newsletter - The National Credit Act - your rights : legislation

Volume 2006, Issue 307
  • ISSN :



Extracted from text ... LEGISLATION The National Credit Act - your rights The National Credit Act came into effect on 1 June 2006, and has a far-reaching impact on how credit is marketed, granted, and administered. By STEVEN JONES MANY people have received an unsolicited letter from some or other institution, informing them that they have been granted a "pre-approved" line of credit. In some cases the institution concerned has actually opened an account in the name of the recipient, with a flash of the ID book being sufficient to unlock a whole world of credit. Most such solicitations end up in "File 13", ..

Loading full text...

Full text loading...


Article metrics loading...


This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error