N Financial Terms
3 terms starting with N.
National Credit Act (NCA)
LegalSouth African legislation (Act 34 of 2005) that regulates the credit industry. It protects consumers from reckless lending, sets maximum interest rate...
Read moreNational Credit Regulator (NCR)
LegalThe government body responsible for regulating the South African credit industry under the National Credit Act. The NCR registers credit providers, cr...
Read moreNet Income
GeneralYour take-home pay after all deductions (tax, UIF, pension, medical aid). Net income is what actually lands in your bank account and is the key figure...
Read moreReady to Apply?
Now that you understand the terms, take the next step and apply for a loan today.