Hi there,

Just three questions pertaining to registering with the NCR as a credit provider.

1) Please explain what is meant by "incidental debt" If we have a company whereby a tenant defaulted on rental and then we organised our finance company to "loan" him the money for him to pay off. Would this we construed as incidental debt and we wouldn’t have to register?

2) The R 500,000.00 limit, does this apply to credit provided to both natural persons and companies added together? If we were a company (Pty) Ltd, would this make a difference?

3) Once registered and paid our fees, is the annual fee payable every year to continue to be registered with the NCR?