Credit Act definition

Credit Act means the National Credit Act, 2005 (Act No. 34 of 2005);

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Credit Act means the National Credit Act 34 of 2005;

Credit Act means the National Consumer Credit Protection Act 2009 and accompanying Regulations.

Examples of Credit Act in a sentence

• We are a registered credit provider in terms of the National Credit Act (NCR Reg No NCRCP16).

• The Customer warrants that all purchases under this agreement are for commercial purposes only and, accordingly, the provisions of the Consumer Credit Act will not apply.

• If you are a consumer as defined under the Consumer Credit Act, you will have the benefit of a 14 day cooling off period.

• Initial: 00183 Applicant Spouse “Pre-Agreement Statement, Quotation and Loan Agreement in terms of Section 92 and 93 of the National Credit Act, 34 of 2005.

• Your rights under this agreement and your legal rights (including under the Consumer Credit Act 1974) will not be affected.

• If you are a consumer as defined under the Consumer Credit Act, you will have the benefit of a 14-day cooling off period.

• The rate of interest is the maximum rate of interest for incidental credit as set out in the National Credit Act, 2005.

• This Part 3 of the Agreement covers credit that we grant you, as a consumer, under the National Credit Act 34 of 2005 (“NCA”).

• The Servicer, furnishes, in accordance with the Fair Credit Act and its implementing regulations, accurate and complete information (e.g., favorable and unfavorable) on its borrower credit files to Equifax, Experian and Trans Union Credit Information Company (or the successors to such credit repository companies) on a monthly basis.

• However, this doesn’t affect your rights under Section 75 of the Consumer Credit Act 1974 (or any replacement act or rule).

More Definitions of Credit Act

Credit Act means the National Credit Act, No. 34 of 2005, together with the regulations made under it;

Credit Act means the National Consumer Credit Protection Act 2009 (Cth) (including the National Credit Code), the National Consumer Credit Protection Regulations 2010 (Cth) and relief granted by ASIC with respect to a particular provision or provisions of that Act or Regulations (including amendment, consolidation, modification, supplement or replacement of such relief);