National Credit Regulator
The National Credit Regulator (NCR)
The National Credit Regulator (NCR) was established as the regulator under the National Credit Act No. 34 of 2005 (The Act) and is responsible for the regulation of the South African credit industry. It is tasked with carrying out education, research, policy development, registration of industry participants, investigation of complaints, and ensuring the enforcement of the Act.
The Act requires the Regulator to promote the development of an accessible credit market, particularly to address the needs of historically disadvantaged persons, low income persons, and remote, isolated or low density communities.
The NCR is also tasked with the registration of credit providers, credit bureaux and debt counsellors and with the enforcement of compliance with the Act.
It is essential that you check whether a debt counsellor is registered with the National Credit Regulator (NCR) – before signing up with their program.
The National Debt Review Center
The National Debt Review Center (NDRC) is an organisation of skilled and registered Debt Counsellors dedicated to developing specialized debt review and offering sound financial solutions based on each person unique needs and objectives. We pledge to deliver the utmost in client service and act with the highest standards of integrity.
We have built strong partnerships with the The National Credit Regulator (NCR), The National Consumer Tribunal (NCT), The DCM Group and The National Payment Distribution Agency (NPDA). This ensures that the debt counselling process takes place quickly and efficiently.
Our entire team will be at your disposal and will go the extra mile to look after your interests, whether it is protecting your assets, answering your questions or dealing with your credit providers.
From the point of completing your free, no-obligation debt assessment, we’ll treat all your personal information with the utmost of confidentiality and not only do we provide help where needed, we also provide self-help tools for consumers to use when assessing their financial situation so that where possible and through proper budgeting and lifestyle changes, they can rehabilitate themselves.
For more information email firstname.lastname@example.org or call 087 822 1086