Login

Lost your password?

Sign Up

Register

Login

Login

Lost your password?

Register

Lucid Clear Credit – Expert & Professional Credit Rehabilitation
  • Sign in
  • Register
  • SHOP ONLINE
  • Contact Us
You are here: Home > Lucid Blog

NCR To Get New Powers For Reckless Credit

  • 24 May 2016
  • RandolphLucid
  • National Credit Act (NCA), National Credit Regulator (NCR)
  • No comment

The flip side of this coin, is that creditors and lenders will tighten their lending policies – making access to credit more difficult, according to Adv Kate Thambiran, MD of LUCID Clear Credit.

National Credit Regulator Wants The Consumer Tribunal To Fine Lewis R10m

  • 16 Jul 2015
  • RandolphLucid
  • Insurance, National Credit Regulator (NCR)
  • No comment

The National Credit Regulator had referred Lewis and Monarch Insurance Company to the National Consumer Tribunal following an investigation into loss-of-employment cover sold to people who would not be able to claim the benefits.

A Victory For Consumers Plagued By “Garnishees”

  • 16 Jul 2015
  • RandolphLucid
  • Debt, Judgments
  • No comment

EAOs, which are imposed on a debtor’s salary by a creditor to recover outstanding money, have been widely abused by unscrupulous unsecured lenders and debt collectors.

Reckless Lending Continues Unabated

  • 23 Feb 2015
  • RandolphLucid
  • National Credit Act (NCA), National Credit Regulator (NCR)
  • No comment

The NCR says that if a court is presented with evidence that the credit provider failed to take these reasonable steps, the credit provider may be found to have granted credit recklessly. The court may set aside the credit agreement.

NCR Calls For Cash Converters To Be Fined

  • 17 Dec 2014
  • RandolphLucid
  • National Credit Act (NCA), National Credit Regulator (NCR)
  • No comment

A pay-day loan is a small unsecured loan, which attracts the highest interest rate allowed by the NCA – five percent a month.

Smart Money Decisions in December Help in the New Year

  • 15 Dec 2014
  • RandolphLucid
  • Debt, Money Management
  • No comment

And because of the year-end hype and excitement, the festive season provides the perfect opportunity to spend money that you do not have.

Wonga Ordered To Remove Blacklistings and Judgments

  • 21 Jul 2014
  • RandolphLucid
  • Credit Bureau, Judgments, National Credit Regulator (NCR)
  • No comment

The NCR said it ordered Wonga to submit an audit report and remove adverse credit bureau listings from some of its customers’ records at its own expense.

Victum Of Fraud? Check Your Credit Report

  • 26 Jun 2014
  • RandolphLucid
  • Credit Report, ID Theft
  • No comment

1,370 cases of ID Theft had been reported by the end of April. The category of crime surged from 3,327 cases in 2012 to 3,873 last year, and the figure is expected to continue to soar this year.

Home Loan Defaults Worry Banks

  • 14 May 2014
  • RandolphLucid
  • Banking
  • No comment

Standard Bank believes it could take at least another two to three years to get rid of SA’s overhang of distressed properties, given the worrying state of consumers’ financial positions.

Credit Amnesty Did Not Improve Access To Credit

  • 08 May 2014
  • RandolphLucid
  • Banking, Credit Report
  • No comment

“As anticipated, banks have adjusted their credit underwriting to account for the effect of the credit amnesty” said Advocate Kate Thambiran, Managing Director of LUCID Clear Credit, a credit rehabilitation firm.

1 2 … 21

Categories

  • Banking (13)
  • Business (4)
  • Cellphone Contracts (5)
  • Children & Money (6)
  • Consumer Protection Act (CPA) (16)
  • Credit Bureau (7)
  • Credit Report (26)
  • Credit Score (17)
  • Debt (28)
  • Debt Counselling (12)
  • Home Loans (21)
  • ID Theft (6)
  • Insurance (4)
  • Judgments (10)
  • Legal (15)
  • Money Management (26)
  • National Consumer Commission (NCC) (1)
  • National Credit Act (NCA) (11)
  • National Credit Regulator (NCR) (9)
  • Vehicle Finance (4)

Links

  • Website Terms and Conditions
  • Privacy Policy
Contact Form get in touch with us
  • RSS
  • Facebook
  • Twitter
  • Linkedin

All content Copyright © 2020 Lucid Credit

Close

Traffic Fines

Lucid brings you, traffic fine information. View it online and in real time.

Challenge fines that are incorrect! Get up to 50% discount, when you pay online from our app.

Unpaid Traffic Fines Mean...

Unpaid traffic fines, may result in you being imprisoned, when stopped at a roadblock. You will not be permitted to renew your driver’s and vehicle’s license. You will pay more for your car insurance and credit!

For more information speak to…

Brochure

Fines

Channel Partner Manager, partnermanager@lucidcredit.com
(T) 011 880 1100 (C) 073 956 0188.