Archive for January, 2012

NCR Offers Tips For Smarter Borrowing

“Before consumers sign credit agreements, they need to understand the cost of credit and the terms and conditions of different credit agreements,” advises the NCR.

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Illegal Vehicle Finance Schemes

“In practice, however, the vehicle repayments are often not made to the bank and the account will be left in arrears, leaving the original owner without a vehicle and still being held responsible for the remaining debt on the account.

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What You Should Know When You Buy A Bank’s Credit Life Assurance

Banks are allowed to make credit life assurance a condition of granting a loan, but they may not prescribe which credit life assurance you may use.

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Credit Life Assurance Increases Cost Of Bank Loans

The credit life assurance – which covers the loan in the event of death, disability or retrenchment – into which the banks will steer you is about the most expensive on offer.

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7 Innocent Ways To Damage Your Credit Score

But did you realize that otherwise insignificant financial decisions can also cause your credit score to plummet? Keep your credit report pristine by avoiding these potentially destructive moves whenever possible.

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Constitutional Court To Consider National Credit Act

Eva Smith (Attorney) @ Lucid Living A man who failed to set aside a default judgment after he could not honour the terms of his credit agreement with a bank has brought a challenge in the Constitutional Court, asking it to interpret a section in the National Credit Act (NCA) dealing with the serving of notice […]

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