T Roos | Dynamic Tax and Accounting Firm

S129 NOTICE TO THE CONSUMER AND “DELIVERY”

There are many reasons why a consumer may default in his payments to a credit provider. Notwithstanding these reasons, the credit provider must follow certain procedures to enforce the agreement. The first step, is for the credit provider to deliver to the consumer a written notice in terms of Section 129(1)(a) of the National Credit […]

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