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.

You can check the registration on the NCR’s website here NCR http://www.ncr.org.za/ or call them on 0860 627 627.

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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 [email protected] or call 087 822 1086

Click here to apply online

National Credit Regulator

5 thoughts on “National Credit Regulator”

  1. do i have a right to stop my application for debt review due to incompetent debt counsellor and not explaining all the rules and loopholes they do without the knowledge of the consumer why and how long does it take to upgrade my credit status at ncr head office remove debt relief status

    • Good day Richard,

      You have the right to terminate only if the 17.2 (acceptance) have not been issued. Therefore I would advise that you contact the NCR at 0860 627 627 or email them at [email protected] to lay a formal complaint against the Debt Counsellor.

      For more information/advice/guidance you can contact me directly on 0727703674 or email me at [email protected]

      Regards
      Dakana
      NCRDC3106

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