Interest rate caps on credit

Interest rate caps on credit
Revised caps on interest rates and fees charged on loans came into effect on 6 May 2016
Credit providers must disclose all fees, interest and charges before any credit is given but consumers must also make an effort to determine and understand the maximum fees that are allowed and to ensure that charges levied by the credit providers are lawful before accepting the credit
Interest Rate Caps May2016
pdf 50.101 KB
Interest Rate Caps May2016Interest Rate Caps May2016
Debt
Recommended articles
Solace Feature Image VAS

Thriving in the Digital Classroom

Navigating the digital landscape in education comes with its own set of challenges. That’s where TeleTeacher, a dedicated support service, steps in to help students thrive
22 January 2025
Article
Solace Feature Image Legal Version 2

Traditionally Ever After

In 2022, 4 376 customary marriages were registered. Customary marriages hold profound cultural significance in South Africa, symbolising the union of two families through time-honoured traditions.
21 January 2025
Video
Solace Feature Image Health

The Vital Link Between Sleep and Mental Wellness

Sleep isn’t just about closing your eyes at night, it’s the foundation of your overall well-being.
17 January 2025
Video
View our other information hubs