This includes your average business to man in the street.
Do you consider selling something on credit and charging interest?
Do you consider making a couple of rand by lending money to someone?
Be very careful.
You may have to register as a credit provider with the National Credit Regulator.
You need to make double sure that you carry out the affordability test when you grant credit to a third party and the transaction falls in the NCA.
Please contact us if you require assistance with the workings of the NCA.