The National Credit Act

Brought to you by RTK Consumer Law

General description

The National Credit Act (2007) affects us all as consumers and it made sweeping changes to the way that credit is accessed, provided and regulated. If you offer credit there are important compliance requirements to adhere to, and if you don’t then maybe your business would benefit by doing so?

This course provides an overview of the Act then goes on to explain types of credit and its application.

Course Content Overview

Introduction & Background to the NCA
Mechanics of Debt
Consumer Budgeting
Debt
Types of Debt
Credit
Types of Credit
Consumer Rights
National Credit Register
Right to Confidentiality
Over Indebtedness and Recourse
Credit Limit Increases and Decreases
Debt Enforcement
+ Role Plays
+ Online Secure Assessments

Aimed at

Any staff in retail that are exposed to credit transactions
Staff in banking and finance that are exposed to credit
Anyone who offers credit to their customers
Creditors and Debtors Clerks
Book Keepers
Credit Control Staff
Credit and Risk Assessors
Credit managers
Accountantsr
Risk Analysts
Auditors
Business owners who would like to learn more about the Act and how it applies to their business
Anyone who would like to learn more about the Act and how it applies to them as a consumer

Prerequisites

None

Additional sample templates to help your business

Application Form Template
Sample Terms & Conditions to insert into your own document
Applicable Interest Rate Information
Example Customer Statement
Example Small and Medium Pre Agreement Quotes
Credit Provider Registration Form (if not already registered)

Objectives

Understand and comprehend the Act and its purpose
Ensure your company complies with the Act
Ensure your company stays outside the Act if intended
Help you to apply the Act to your business

Duration

3 hours including assessments

Assessment type

End of module assessments

Cost

R1 995 (excl VAT)

Demo

Click here to view the demo

Technical Requirements

Adobe Flash player

Available on DVD

Please request pricing

Available on Flash drive

Available with high encryption to secure the data, please request pricing.