
SCA: Bank’s settlement agreements circumvented the NCA’s protections
The Supreme Court confirms that any post-default restructuring of NCA-regulated loans must comply strictly with the Act.

The Supreme Court confirms that any post-default restructuring of NCA-regulated loans must comply strictly with the Act.

Sureties cannot rely on the National Credit Act if the principal debt falls outside its scope.

Insurer and director signed a suretyship after intermediary allegedly used premiums to cover its own business expenses.