If a credit provider authorised a loan without a rigorous National Credit Act affordability assessment, the agreement may constitute reckless credit. ConsumerLaw assists South Africans in filing reckless lending claims in South Africa to challenge bank loans that were authorised unlawfully.
We audit the lender’s conduct to verify if they complied with the NCA before your credit was approved. Where NCA reckless credit is proven, we help you pursue statutory remedies to write off reckless debt.
These remedies can include the suspension of repayments, the setting aside of credit agreements, or the removal of suspended credit charges, depending on the specific violations of the National Credit Act.
