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.Not everyone will like this. Not everyone will succeed.
The aim of this training is to alert financiers to what they will have to consider if they are to
succeed.
Naturally this meant that many people who may have needed credit for very valid reasons had no chance of accessing this unless they went to unscrupulous moneylenders.
Time frame
Minimum no. learners
Maximum no. learners
Process
On confirmation of workshop andexam date – A minimum of 4 weeks ahead of date
10
20
Forward delegates and company details to INTELLIGO for workshop enrolment and exam booking at the NCA Campus and to ensure receipt of NCA Campus invoice for payment before workshop and exam date.
1 day including NCA Paper Based exam
10
20
Self preparation study INTELLIGO Manual before attending workshop.
Module 1: Credit: the regulatory environment
Module 2: The NCA in Context
Module 3: An overview of the NCA
Module 4: The credit process: A frame of reference