N Financial Terms

National Credit Act (NCA)

Legal

South Africa's credit law (Act 34 of 2005). It sets the rules for how lenders operate: they must do affordability assessments, they can't charge crazy...

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National Credit Regulator (NCR)

Legal

The government watchdog for the credit industry in SA. They register lenders, credit bureaus, and debt counsellors. If a lender breaks the rules, you ...

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Net Income

General

Your take-home pay — the money that actually lands in your bank account after PAYE tax, UIF, pension, medical aid, and other deductions. This is the r...

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