by Peter Rafferty | Jul 17, 2015 | Interest
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...
by Peter Rafferty | Jul 17, 2015 | Interest|The In Duplum Rule
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...
by Rob Rafferty | Jul 17, 2015 | The 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...