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LexisNexis Practical Guidance®
Straightforward guidance across a range of topics
- Consumer credit
- During the life of the contract
Monetary obligations and consumer credit contracts
NCC regulation of credit provider and debtor relationship during the life of the contract. After a credit contract is entered into, the National Credit Code continues to regulate the relationship between the credit provider and the debtor.
The NCC includes provisions about how and when interest and fees can be charged, and payments credited. This guidance note explains these provisions.
See Monetary obligations and consumer credit contracts.