I have had a chance to have a look at some aspects of the latest version of the National Credit Bill (to which the increasingly meaningless title “final” has also been attached).
There are two aspects that I would like to discuss:
1. The deletion of the repossession provisions of the bill; and
2. The debt counselling provisions.

Business Day reports that “DEMAND for credit surged to a 17-month high in April” enough to kill hopes of another interest rate hike when the Reserve Bank’s monetary policy committee meets next week, writes Ayanda Shezi.
The environment of low interest rates and low inflation has boosted consumer spending to record levels, affording consumers the opportunity to finance their purchases of motor vehicles, houses and electronic goods through credit.
With the pressure of a weaker rand and inflation trending higher, the Bank was unlikely to cut rates further, economists said yesterday.
Figures released …