1887

n Without Prejudice - Child maintenance and grants – part of a financial means for NCA assessment purposes? - financial law

Volume 20 Number 2
  • ISSN : 1681-178X

Abstract

Recently, in National Credit Regulator v Aristoscan CC t/a JMK Cash Loans (NCT/128380/2019/140(1)) [2019] ZANCT 103 (1 July 2019), the National Consumer Tribunal (NCT) commented (without explanation) that if a borrower receives child support and foster care social grants, those are to be used for the benefit of a third party and cannot be regarded as the borrower’s income. The implication is that such money must be excluded from the recipient’s income for credit assessment purposes.

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/content/journal/10520/EJC-1bb68d611b
2020-03-01
2020-10-01

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