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National Credit Act, 2005 (Act No. 34 of 2005)


National Credit Regulations, 2006

Chapter 5 : Interest and Fees

Part D : Other fees, costs and charges

47. Collection Costs


For all categories of credit agreement, collection costs may not exceed the costs incurred by the credit provider in collecting the debt—

(a) to the extent limited by Part C of Chapter 6 of the Act, and
(b) in terms of—
(i) the Supreme Court Act, 1959,
(ii) the Magistrates’ Court Act, 1944,
(iii) the Attorneys Act, 1979; or
(iv) the Debt Collector’s Act, 1998,

which ever is applicable to the enforcement of the credit agreement.