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Consumer Law > The National Credit Act (NCA) No 34 of 2005 > Protection when Making a Loan Application
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Protection when Making a Loan Application

Contracts must be in simple language, available in at least two languages and consumers must receive a copy.

Consumers are entitled to a reason when credit is refused.

All credit providers must assess whether a consumer can afford the loan, and all loans must be recorded on a register so that a consumer will not become over-indebted.