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South Africa Case Law

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Banking And Finance [2024] ZANCT 22

National Credit Regulator v 5 Star Cash Loans (Pty) Ltd (NCT/320469/2024/140(1))

National Credit Regulator v 5 Star Cash Loans (Pty) Ltd (NCT/320469/2024/140(1)) [2024] ZANCT 22 (18 July 2024)

Court
National Consumer Tribunal
Case number
NCT/320469/2024/140(1)
Judges
S Hockey, N Maseti, CJ Ntsoane

The Tribunal found multiple National Credit Act breaches by a credit provider, declared the conduct prohibited, set aside reckless agreements, and imposed a R100,000 fine.

  • National Credit Act
  • Reckless Credit
  • Affordability Assessment
  • Prohibited Instruments
  • Administrative Fine
  • 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.

Source links and collection timestamps are retained alongside the indexed records.