Programme: National Credit Act
Half day workshop (or Elearning preparation) and IOB exam
The National Credit Act and its impact on your Business
Legislation defines the space in which markets for goods and services develop. The Usury Act Exemption Notice created an environment in which large numbers of poorer people gained access to credit. That proved to be good for some consumers, and less good for others. It also created an environment in which consumers and microfinance companies could flourish when it was properly managed. The National Credit Act has defined the market space, and its impact on many institutions will be significant. Markets will change, competitors will change, practices will change and the players will have to become more professional. The aim of this training is to alert financiers to what they will have to consider if they are to succeed.