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Credit facility. A credit facility is an agreement in terms of which a credit provider supplies goods or services, or pays an amount to the consumer. The consumer's obligation to pay the price or repay the money is deferred, in exchange for which the consumer pays interest and fees. Examples of a credit facility are credit advanced.
Founded in 1994 and headquartered in Stellenbosch, South Africa, Compuscan is a subsidiary of South African-based Compuscan Information Technologies. [1] The company, which was originally focused on providing credit history reporting for microcredit transactions, is among South Africa's leading credit bureaus and is a member of the nation's Credit Bureau Association.
The South African Reserve Bank restricts the exportation of Krugerrands by a South African resident to a non-resident to a maximum of R30,000 (about US$2,100 or €1,870 as of June 2018). Visitors to South Africa can export up to 15 coins by declaring the items to the South African Revenue Service .
The South African law of sale is an area of the legal system in that country that describes rules applicable to a contract of sale (or, to be more specific, purchase and sale, or emptio venditio), generally described as a contract whereby one person agrees to deliver to another the free possession of a thing in return for a price in money.
National Credit Regulator (NCR) is a South African government agency that regulates the credit industry in South Africa . The NCR was established under National Credit Act 34 of 2005 (the Act). The NCRt is tasked with carrying out education, research, policy development, registration of industry participants, investigation of complaints, and ...
The Southern African Legal Information Institute (SAFLII) is the largest online free-access collection of legislation and case law from South Africa and other jurisdictions in the South African region. SAFLII was formally created in 2002 as a joint project between the Australasian Legal Information Institute (AustLII) and the University of ...
The Comprehensive Anti-Apartheid Act of 1986[ 1] was a law enacted by the United States Congress. The law imposed sanctions against South Africa and stated five preconditions for lifting the sanctions that would essentially end the system of apartheid, which the latter was under at the time. Most of the sanctions were repealed in July 1991 ...
In our example, we'll use a new MacBook Air 13" laptop to illustrate the savings achieved from purchasing it with a credit card versus paying in cash or using a debit card.
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