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South Africa Case Law

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Banking And Finance [2019] ZANCT 175

Volkswagen Financial Services SA (Pty) Ltd v National Credit Regulator (NCT/94937/2017/56(1))

Volkswagen Financial Services SA (Pty) Ltd v National Credit Regulator (NCT/94937/2017/56(1)) [2019] ZANCT 175 (4 April 2019)

The Tribunal confirmed a modified compliance notice against VWFS for charging prohibited motor-vehicle fees and misleadingly disclosing them in credit agreements.

  • National Credit Act Compliance
  • Prohibited Credit Fees
  • Consumer Protection
  • Disclosure Requirements
  • Principal Debt Calculation
  • National-credit-act
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South Africa decisions are organised by court, judge, legal area and indexed issue so a practitioner can move from a proposition to a citable authority with the surrounding context intact.