information - situation before NCA

ronelfitchet · 24-Jul-10, 01:18 PM

i was wondering if anyone can help me - i need to know what the national credit act was on lending to a small business owner and the criteria that was necessary before a loan was approved to a person who owned his own small busines..before the new credit act came into effect.

Dave A · 25-Jul-10, 09:00 AM

Common sense? (He says tongue in cheek)

Essentially the Usury Act and contract law were of dominant relevance.

24-Jul-10, 01:18 PM	#1
ronelfitchet New Member Join Date: Jul 2010 Location: kwa zulu natal Posts: 1 Thanks: 0 Thanked 0 Times in 0 Posts Rep Power: 0	information - situation before NCA i was wondering if anyone can help me - i need to know what the national credit act was on lending to a small business owner and the criteria that was necessary before a loan was approved to a person who owned his own small busines..before the new credit act came into effect.

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25-Jul-10, 09:00 AM	#2
Dave A Site Caretaker Join Date: May 2006 Location: Durban, South Africa Posts: 10,144 Thanks: 970 Thanked 695 Times in 608 Posts Rep Power: 28	Common sense? (He says tongue in cheek) Essentially the Usury Act and contract law were of dominant relevance.

information - situation before NCA

i was wondering if anyone can help me - i need to know what the national credit act was on lending to a small business owner and the criteria that...