Examples of National Credit Act in a sentence
You will not be held liable for purchases made on your account after you reported your card stolen or lost, unless we are entitled to hold you liable in terms of the National Credit Act or if you were negligent in safeguarding your card or if you didn’t let us know without unnecessary delay that your card was stolen or lost.
Any such credit limit increase will, where applicable, be subject to our scoring criteria, the provisions of the National Credit Act and this agreement.
Based on the provisions of the National Credit Act, we will calculate the amount of any interest, fees and other costs that will be charged to your account.
Your application for credit (or a credit limit increase) is subject to our credit approval criteria and to the conditions for granting credit as set out in the National Credit Act.
The surety acknowledges that he has been given an opportunity to read through, seek advice and ask questions on the contents of this clause 22, this Contract, the application for credit and his rights in terms of the National Credit Act 34 of 2005 (“NCA”).