Microlending & Credit Agreements

ESSENTIAL TERMS AND CONDITIONS OF A LOAN AGREEMENT

loan agreement is a document in which a lender sets out the terms and conditions under which it is pr...

What is a roll-over loan? A roll-over loan is a practice which gives the borrower the option to renew a...

WHAT DOES IT MEAN TO ME AS A CONSUMER? To buy or not to buy, that is the question. Consumers...

Anna was in dire need of money. She needed money urgently to give her family a treat. She had no...

In terms of the Usury Act, 1968 (Act No. 73 of 1968) a moneylender is defined as any person who...

INTRODUCTION NAMFISA’s Complaints Department receives and handles a number of complaints on a daily basis. These complaints are dealt with...

1. What is a Credit Transaction? A credit transaction is a transaction whereby the credit grantor (service pro-vider) sells or...

In terms of the Usury Act, 1968 (Act No. 73 of 1968), a money lender is defined as any person...