by Carla Oberholzer | Jul 11, 2025 | Articles, CreditSmart Essential Reading, Debt Review Removals
What is a Debt Review Flag & Why It Matters? When a consumer is found to be over-indebted under Section 86(6)(a) of the National Credit Act (NCA), a “debt review flag” is placed on their credit record. This status blocks access to new credit and remains until a...
by Carla Oberholzer | May 20, 2025 | Articles, CreditSmart Essential Reading
1. The Crushing Weight on Your Credit Score One of the most significant, yet often underestimated, hidden costs of ignoring your debt in South Africa is the profound damage it inflicts on your credit score. When you miss payments, default on loans, or face judgments,...
![Consumer Rights & Responsibilities [March Reminder]](https://www.creditsmart.co.za/wp-content/uploads/2025/03/CS_Social-Media_MAR-Li-Week-4_1-1080x675.jpg)
by Carla Oberholzer | Mar 13, 2025 | Articles, CreditSmart Essential Reading
March is not just about human rights – it’s also a time to highlight your rights as a credit consumer. While the National Credit Act (NCA) protects you, understanding your responsibilities is just as important. Your Rights as a Consumer: Apply for credit and receive...
