Most people are tempted to loan money to friends and business partners without thinking about the implications of the National Credit Act and whether or not they need to registered as “credit providers”. The truth is that each loan transaction needs to be considered very carefully.

During desperate times a large number of “get rich quick” schemes do the rounds, especially over social media. Often, “get rich quick” schemes offer unrealistic returns (often in excess of 50% or more) in a very short period of time and all that is required is that an amount be paid.

More and more news articles are being published on a daily basis about how car buyers (and sellers) are encountering legal problems when selling their cars. This is normally a result of the buyer and seller not agreeing about certain aspects – which could have prevented a legal mess in the first place.