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	<title>Bentley Credit Management &#187; National Credit Act</title>
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		<title>Credit Management and Law Seminar &#8211;  Cape Town &#8211; 21st October 2011</title>
		<link>http://www.creditmanagement.co.za/credit-management-and-law-seminar-cape-town-21st-october-2011/</link>
		<comments>http://www.creditmanagement.co.za/credit-management-and-law-seminar-cape-town-21st-october-2011/#comments</comments>
		<pubDate>Mon, 03 Oct 2011 10:33:56 +0000</pubDate>
		<dc:creator>Brett Bentley</dc:creator>
				<category><![CDATA[Consumer Protection Act]]></category>
		<category><![CDATA[Credit Law]]></category>
		<category><![CDATA[Credit Management]]></category>
		<category><![CDATA[Credit Seminars]]></category>
		<category><![CDATA[Headline]]></category>
		<category><![CDATA[National Credit Act]]></category>

		<guid isPermaLink="false">http://www.creditmanagement.co.za/?p=757</guid>
		<description><![CDATA[ With the continuing effects of the economic downturn being felt by businesses, the importance of good credit management has been magnified and
all companies’ credit management policies need to be reviewed and upgraded in order to avoid your company becoming a statistic of the poor
economy. In addition credit management is also being impacted by the new legislation such as the National Credit Act, the Consumer Protection Act
and the new Companies Act.
&#160;
This is a half day seminar in Cape Town on the 21st October 2011 aimed at commercial creditors (businesses who supply ...]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>New NCR CEO Appointment in Progress</title>
		<link>http://www.creditmanagement.co.za/new-ncr-ceo-appointment-in-progress/</link>
		<comments>http://www.creditmanagement.co.za/new-ncr-ceo-appointment-in-progress/#comments</comments>
		<pubDate>Tue, 05 Jul 2011 07:52:15 +0000</pubDate>
		<dc:creator>Brett Bentley</dc:creator>
				<category><![CDATA[Credit Risk]]></category>
		<category><![CDATA[National Credit Act]]></category>
		<category><![CDATA[national credit regulator]]></category>

		<guid isPermaLink="false">http://www.creditmanagement.co.za/?p=752</guid>
		<description><![CDATA[It has been almost a year since former NCR CEO Gabriel Davel announced his resignation and over 7 months since that resignation became effective and  Business Day&#8216;s Micahel Bleby now reports:
&#8220;THE National Credit Regulator may soon have a new CEO, bringing an end to months of leadership under an acting head, the Department of Trade and Industry said last week.
&#8220;The process of appointing the CEO is at an advanced stage,&#8221; department spokesman Clement Manoko said last week.
&#8220;Interviews were conducted and verification of qualifications and security clearance process completed recently.
&#8220;We will recommend appointment ...]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Ombud says most credit disputes resolved</title>
		<link>http://www.creditmanagement.co.za/ombud-says-most-credit-disputes-resolved/</link>
		<comments>http://www.creditmanagement.co.za/ombud-says-most-credit-disputes-resolved/#comments</comments>
		<pubDate>Thu, 14 Apr 2011 10:49:06 +0000</pubDate>
		<dc:creator>Brett Bentley</dc:creator>
				<category><![CDATA[Credit News]]></category>
		<category><![CDATA[National Credit Act]]></category>
		<category><![CDATA[credit]]></category>
		<category><![CDATA[Credit Ombuds]]></category>

		<guid isPermaLink="false">http://www.creditmanagement.co.za/?p=743</guid>
		<description><![CDATA[Fin24 reports that:
&#8220;Significant strides have been made in resolving complaints from consumers and businesses negatively affected by credit bureau information and disputes with credit providers, the credit ombudsman said on Wednesday.
Credit Ombudsman Manie van Schalkwyk said 3 550 out of 3 870 disputes were settled in 2010.
&#8220;The credit ombud ruled in favour of consumers in 69% of cases and 86% of all cases were resolved within 60 days, compared to 79.48% the previous year,&#8221; Van Schalkwyk said.
&#8220;We managed to put R700 000 back in the pockets of consumers.&#8221;
Van Schalkwyk said ...]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Amendments to Administration Orders on Route</title>
		<link>http://www.creditmanagement.co.za/amendments-to-administration-orders-on-route/</link>
		<comments>http://www.creditmanagement.co.za/amendments-to-administration-orders-on-route/#comments</comments>
		<pubDate>Tue, 12 Apr 2011 08:00:32 +0000</pubDate>
		<dc:creator>Brett Bentley</dc:creator>
				<category><![CDATA[Credit Law]]></category>
		<category><![CDATA[Featured]]></category>
		<category><![CDATA[Legal News]]></category>
		<category><![CDATA[National Credit Act]]></category>

		<guid isPermaLink="false">http://www.creditmanagement.co.za/?p=738</guid>
		<description><![CDATA[While the Department of  Trade and Industry seems to charge into legislation like a bull in a china shop (see previous articles on the National Credit Act, the Consumer Protection Act and the new Companies Act), the department of Justice seems to be adopting a more measured and consultative approach.
In March 2008 we pointed out that South African Law had proposed abolition of administration orders under Section 74 of the Magistrates Court Act, in light of the introduction of debt counselling  in terms of the National Credit Act. An administration ...]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>NCR Declarator Appeal Decision Given by Highest Court</title>
		<link>http://www.creditmanagement.co.za/ncr-declarator-appeal-decision-given-by-highest-court/</link>
		<comments>http://www.creditmanagement.co.za/ncr-declarator-appeal-decision-given-by-highest-court/#comments</comments>
		<pubDate>Wed, 30 Mar 2011 13:36:23 +0000</pubDate>
		<dc:creator>Brett Bentley</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[National Credit Act]]></category>
		<category><![CDATA[in duplum]]></category>
		<category><![CDATA[NCR declaratory order]]></category>

		<guid isPermaLink="false">http://www.creditmanagement.co.za/?p=716</guid>
		<description><![CDATA[The much anticipated Supreme Court of Appeal  (SCA)judgment on the appeal from the so-called NCR Declaratory judgment has been delivered, in a judgment referred to as Nedbank v The National Credit Regulator (662/2009 &#38; 500/2010) [2011] ZASCA 35 (28 March 2011).
In the original case the National Credit Regulator sort a declaratory order on various vague and contentious provisions of the National Credit Act, specifically regarding debt reviews but also relating to the charging of interest while a consumer is in default with the payment of a credit agreement.
Judge Du Plessis, ...]]></description>
		<wfw:commentRss>http://www.creditmanagement.co.za/ncr-declarator-appeal-decision-given-by-highest-court/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Consumer debt may delay recovery</title>
		<link>http://www.creditmanagement.co.za/consumer-debt-may-delay-recovery/</link>
		<comments>http://www.creditmanagement.co.za/consumer-debt-may-delay-recovery/#comments</comments>
		<pubDate>Tue, 29 Mar 2011 07:26:13 +0000</pubDate>
		<dc:creator>Brett Bentley</dc:creator>
				<category><![CDATA[Credit News]]></category>
		<category><![CDATA[National Credit Act]]></category>
		<category><![CDATA[banks credit]]></category>
		<category><![CDATA[consumer credit]]></category>
		<category><![CDATA[Debt Collections]]></category>
		<category><![CDATA[debt counselling]]></category>
		<category><![CDATA[national debt act]]></category>

		<guid isPermaLink="false">http://www.creditmanagement.co.za/?p=707</guid>
		<description><![CDATA[On Business Report:
&#8220;Fitch Ratings says it expects that elevated levels of consumer indebtedness may prolong the recovery of the asset quality of SA&#8217;s major banks.
The ratings agency said on Friday that high consumer indebtedness and the difficult operating environment had led to an increase in the number of consumers applying for debt review in terms of the National Credit Act&#8217;s debt review process.
Fitch estimates the value of debt review exposures of the four major banks at 21 billion rand during 2010, which accounted for between 14% and 18% of the ...]]></description>
		<wfw:commentRss>http://www.creditmanagement.co.za/consumer-debt-may-delay-recovery/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Clarity on Sending of NCA S129 Notices</title>
		<link>http://www.creditmanagement.co.za/clarity-on-sending-of-nca-s129-notices/</link>
		<comments>http://www.creditmanagement.co.za/clarity-on-sending-of-nca-s129-notices/#comments</comments>
		<pubDate>Mon, 04 Oct 2010 09:38:36 +0000</pubDate>
		<dc:creator>Brett Bentley</dc:creator>
				<category><![CDATA[Credit Law]]></category>
		<category><![CDATA[Featured]]></category>
		<category><![CDATA[National Credit Act]]></category>

		<guid isPermaLink="false">http://www.creditmanagement.co.za/?p=664</guid>
		<description><![CDATA[There is a new Supreme Court of Appeal  judgment,  Rossouw and Another v First Rand Bank Ltd t/a FNB Homeloans (Formerly First Rand Bank of South Africa Ltd) (640/2009) [2010] ZASCA 130 which puts to rest the conflicting judgments about what constitutes proper delivery of a notice under section 129(1).  Two differing views were previously given, the problematic one &#8211; from a credit provider’s perspective &#8211; being that delivery would only properly be effected once the notice actually came to the attention of the consumer (for example in First Rand ...]]></description>
		<wfw:commentRss>http://www.creditmanagement.co.za/clarity-on-sending-of-nca-s129-notices/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Debt review training for magistrates</title>
		<link>http://www.creditmanagement.co.za/debt-review-training-for-magistrates/</link>
		<comments>http://www.creditmanagement.co.za/debt-review-training-for-magistrates/#comments</comments>
		<pubDate>Tue, 31 Aug 2010 07:19:21 +0000</pubDate>
		<dc:creator>Brett Bentley</dc:creator>
				<category><![CDATA[Credit Law]]></category>
		<category><![CDATA[National Credit Act]]></category>

		<guid isPermaLink="false">http://www.creditmanagement.co.za/?p=614</guid>
		<description><![CDATA[There is a report on News24 that magistrates are to be trained in &#8220;debt counselling on Sunday as part of efforts to clear up bottlenecks in the debt review system, the National Credit Regulator (NCR).&#8221;
The report goes on to quote Paul Slot, Octogen director and debt counsellor and member of the Debt Review Task Team, saying:
&#8220;&#8230;.a methodology and standard is needed to guide the process. He cited the necessity for a rapport based on trust between parties involved in the debt review as crucial. &#8216;We need a methodology where the credit ...]]></description>
		<wfw:commentRss>http://www.creditmanagement.co.za/debt-review-training-for-magistrates/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>NCA a R30bn headache for banks</title>
		<link>http://www.creditmanagement.co.za/nca-a-r30bn-headache-for-banks/</link>
		<comments>http://www.creditmanagement.co.za/nca-a-r30bn-headache-for-banks/#comments</comments>
		<pubDate>Mon, 30 Aug 2010 09:40:38 +0000</pubDate>
		<dc:creator>Brett Bentley</dc:creator>
				<category><![CDATA[Credit Law]]></category>
		<category><![CDATA[Credit News]]></category>
		<category><![CDATA[National Credit Act]]></category>

		<guid isPermaLink="false">http://www.creditmanagement.co.za/?p=609</guid>
		<description><![CDATA[David Carte reports on Moneyweb :
&#8220;Banks and credit providers have R30bn of money owed to them by 180 000 debtors frozen under debt counseling arrangements under the National Credit Act.
The number of people under debt counseling rises by 7 500 a month, says outgoing National Credit Regulator CEO Gabriel Davel.
The positive angle is that banks and credit providers are receiving R180m a month or R2.2bn a year from these debtors under debt review.
Once a debt counselor is appointed in terms of the National Credit Act, the banks cannot move against ...]]></description>
		<wfw:commentRss>http://www.creditmanagement.co.za/nca-a-r30bn-headache-for-banks/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Gabriel Davel to step down as CEO of NCR</title>
		<link>http://www.creditmanagement.co.za/gabriel-davel-to-step-down-as-ceo-of-ncr/</link>
		<comments>http://www.creditmanagement.co.za/gabriel-davel-to-step-down-as-ceo-of-ncr/#comments</comments>
		<pubDate>Mon, 23 Aug 2010 08:46:26 +0000</pubDate>
		<dc:creator>Brett Bentley</dc:creator>
				<category><![CDATA[Credit News]]></category>
		<category><![CDATA[National Credit Act]]></category>
		<category><![CDATA[national credit regulator]]></category>

		<guid isPermaLink="false">http://www.creditmanagement.co.za/?p=604</guid>
		<description><![CDATA[Moneyweb reports that Gabriel Davel will step down as the CEO of the National Credit Regulator, the governing body of the National Credit Act. Apparently Davel will step down from the 1st Janaury 2011. Davel has proved a very proactive CEO, appointed since the inception of the office of the National Credit Regulator in 2006. However the one thing that Davel has not succeed in doing is getting the badly needed amendment of the National Credit Act (see the article here) and this something that we certainly hope any new ...]]></description>
		<wfw:commentRss>http://www.creditmanagement.co.za/gabriel-davel-to-step-down-as-ceo-of-ncr/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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