Debt & Your Rights Guides
Know your rights as a borrower. Plain-English guides to the National Credit Act, debt review, garnishee orders, section 129 notices, prescribed debt, debt collectors, repossession and reckless lending. Learn what lenders and collectors are allowed to do, where to complain, and the lawful ways out when repayments become too much, including the Credit Ombud and registered debt counsellors.
20 guides
The Credit Ombud is a free, independent service that resolves disputes between consumers and the credit industry, wrong listings on your credit report, unfair treatment by a lender, and complaints a provider will not fix.
Prescribed debt is old debt that has become legally unenforceable.
A pre-agreement quote is a one-page document that a registered lender must give you, free, before you sign a loan.
A Section 129 notice is a letter a credit provider must send under the National Credit Act before taking legal action on a defaulted loan or account.
A debit order is a standing instruction that lets a company pull a fixed amount from your bank account on a set date each month.
The National Credit Act (Act 34 of 2005) is the law that protects South African borrowers.
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