An incidental credit agreement is one of the credit transactions to which the
National Credit Act 34 of 2005 (“the Act”) applies. It is clear from the definition of “incidental credit agreement” that such a transac-
tion entails the provision of goods or services. It does not matter whether the
goods or services have already been delivered to the consumer or whether they
still have to be provided to the consumer over a period of time. The latter possibility presupposes an undertaking by the credit provider to supply goods or
services to the consumer over a period of time in the future. The impression is
therefore created that the credit provider may bill the consumer (an account was
tendered – my emphasis) for goods or services that have not yet been provided.
Van Heerden, C.M. (Corlia); Boraine, A. (Andre), 1957-(Pretoria University Law Press (PULP), 2011)
Die Nasionale Kredietwet 34 van 2005 (hierna die NKW) lei die konsep van
roekelose krediet vir die eerste keer In Suid-Afrikaanse kredietwetgewing in.
Die NKW poog om roekelose kredietverlening te voorkom deur
Renke, Stefan; Roestoff, Melanie; Haupt, Franciscus(Faculty of Law, University of Port Elizabeth, 2007)
The National Credit Act, which repeals and replaces the Credit Agreements Act and the Usury Act, has been assented to by the President on 10 March 2006. The Act is designed to prohibit certain unfair credit and credit ...