100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
COL3704 Assignment 3 Semester 2 2024 (Detailed solution) R49,49   Add to cart

Exam (elaborations)

COL3704 Assignment 3 Semester 2 2024 (Detailed solution)

 5 views  0 purchase

SECTION A: NATIONAL CREDIT REGULATOR QUESTION 1: The National Credit Regulator (NCR) is legislated to perform several key functions under the National Credit Act, 34 of 2005. A mind map of these functions includes: Registration and Regulation: • Registers credit providers, credit bureaus, a...

[Show more]

Preview 2 out of 8  pages

  • August 26, 2024
  • 8
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
book image

Book Title:

Author(s):

  • Edition:
  • ISBN:
  • Edition:
All documents for this subject (9)
avatar-seller
GeniusGears
COL3704


Assignment 3


Semester 2 2024

, SECTION A: NATIONAL CREDIT REGULATOR
QUESTION 1:
The National Credit Regulator (NCR) is legislated to perform several key functions
under the National Credit Act, 34 of 2005. A mind map of these functions includes:


Registration and Regulation:
• Registers credit providers, credit bureaus, and debt counselors.
• Ensures compliance with the National Credit Act.


Consumer Protection:


Protects consumers from unfair credit practices.
Provides education on credit-related issues.


Monitoring and Enforcement:
Monitors the credit market and credit industry practices.
Enforces compliance with the National Credit Act through investigations and
penalties.


Policy Development:

• Develops policies to improve the credit industry and protect consumers.
• Advises the government on credit-related issues.
Research and Reporting:

• Conducts research on the credit industry.
• Reports on credit trends and practices.

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through EFT, credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying this summary from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller GeniusGears. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy this summary for R49,49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

76800 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy summaries for 14 years now

Start selling
R49,49
  • (0)
  Buy now