With a growing number of options to assist South African consumers with financial difficulties, also comes the increased possibility of financial scams. For your protection, South Africa's National Credit Regulator (NCR) is available to ensure fair and safe credit assistance.
The NCR is responsible for supporting socio-economic advancements within South Africa by use of a regulation. These regulations contribute to a fair and non-discriminatory market place, granting access to consumer credit; and thereby pushing for responsible credit granting and credit use.
In short, the NCR strives to promote an environment where consumers are able to obtain a fair chance of maintaining a good credit score and in turn, are rewarded for complying. The NCR also contribute research and resources into the credit market to gain further knowledge on consumer habits.
The NCR essentially provides everybody a fair chance at developing and maintaining a viable credit record. This is essential in obtaining a trustworthy car, a home, or a personal loan. Other benefits include qualifying for lower interest rates and gaining approval for higher credit limits in future. iLoans offers secure and trusted loans and all of our creditors are registered with the NCR.
If you have any further queries as to how South Africa's National Credit Regulator and iLoans can assist you, please contact us or complete our quick online application, and we will get in touch with you.