Interest and the NCA

Are you running the risk of being fined for the incorrect interest calculation applied by your software? With the implementation of the National Credit Act in 2006, came a different manner of calculating interest on outstanding balances of debtors. Gone were the days...

The In Duplum Rule Risk

Can you survive the effects of incorrectly applying the In Duplum Rule? Everyone in the Credit- and Debt Collection Industry is aware of the In Duplum Rule and knows that it is a cardinal sin to contravene it. However, very few people really understand the true...

Section 103 vs In Duplum Rule

The In Duplum Rule is dead!   – Long Live the In Duplum Rule! In the recent Nedbank v The National Credit Regulator, Judge Malan clarifies the position around the In Duplum Rule and confirms the declaratory order previously given by Judge du Plessis relating to...