CCR Magazine

CSA Top Banner
You are here  :Home arrow News arrow National Credit Regulator physically removes unlawful adverts in Midrand
Contact Us Newsletter Signup RSS Feeds

Latest News Headlines

Headlines

 
Commercial Credit News

Headlines

 
National Credit Regulator physically removes unlawful adverts in Midrand PDF Print E-mail
Tuesday, 30 August 2016
The National Credit Regulator (NCR) joined forces with the City of Johannesburg (Regional office) and the Johannesburg Metro Police Department (JMPD) on Friday removing unlawful adverts, in and around Midrand, which were placed on lamp posts and traffic signs. The initiative is in line with the NCR’s  ‘Misleading Advertising’ campaign, which aims at educating the public about misleading advertising practices.  

The National Credit Act (NCA) is quiet clear on the required content for advertisements. Certain words and phrases are prohibited in credit adverts, says Jacqueline Peters, Manager: Investigations and Enforcement at the NCR.

Any of these statements and phrases or any wording that has substantially the same meaning may not form part of any advertisement or direct solicitation for credit:

· No credit checks required;
· Blacklisted consumers welcome;
· Free credit.

Despite these clear Regulations, we still find a substantial number of these unlawful adverts of this kind, even in the mainstream media. The NCR is engaging in a concerted effort to eliminate these unlawful adverts, said Peters. This will not only affect flyers and posters, it will also affect unlawful adverts in the mainstream media, concludes Peters.
 
Enghouse Side Banner

CSA side

 Forums International Ltd

Forums International Ltd

 Attendance at your first meeting is free of charge, and please quote reference 'CCR2016' to receive the special 10% discount off of your first annual subscription.

Find out more here.

latest issue

CCR Cover

The latest edition of CCR Magazine, the leading editorial publication in the UK credit industry, is out.

Read the latest issue online

CSA

subscriptions

CCR is the premier magazine for consumer and credit professionals. It provides an independent voice to the industry, breaking major news stories and running in-depth features.

As a magazine, it works with and campaigns on behalf of the credit industry to promote its importance as a centre of potential profit and business development to the wider business world.

Subscribe to CCR Magazine

CCR World Magazine


 

Providing information and analysis for thousands of senior credit professionals worldwide, every quarter.

Find out more

GTS Media Ltd
81 Cambridge Road
Southend-on-Sea
Essex
SS1 1EP

Registered in England No: 05483197