This book empowers consumers to get optimal value from credit. Using consumer rights as vantage point, it guides consumers though the life cycle of credit and shows the context in which the National Credit Act operates. It deals in a practical way with applications, types of credit agreements, credit bureau information, marketing of credit, credit cards, mortgages, asset finance and debt collection, clearly setting out recourse and tips. It also discusses concepts and procedures introduced by the National Credit Act, such as debt counselling, over-indebtedness and complaints procedures. This book is a must for anyone wanting to manage their credit optimally.

Contents Include:

• The credit process in terms of the National Credit Act
• Consumer credit information
• Consumers' rights and obligations
• Credit agreements
• The cost of credit
• The marketing of credit
• Cancellation, termination, variation and early settlement of credit agreements
• Reckless credit and debt counselling
• Debt collection
• Consumer credit institutions
• Complaints procedures
• Mortgages
• Motor vehicle finance
• Credit cards
• Glossary
• Index

Of Interest and Benefit to:

• Anyone interested in learning how to manage their credit optimally
• Banks
• Credit providers
• Debt collectors and other functionaries in the credit environment
• NGOs and civil society organisations
• Legal professionals
• Debtors departments

Key Benefits:

• Contains handy chapters on credit products such as mortgages, credit cards and asset finance
• Explains consumer recourse for repossessions, debt collection, etc
• Sets out the rights and obligations of role players in the credit life cycle, such as the National Credit Regulator and Credit Tribunal
• Deals with credit providers' issues
• Contains useful examples, explanatory case studies and diagrams
• Written in a lucid style with minimal legal jargon