Moonstone Business School of Excellence (MBSE) has completely revamped its two popular online courses on the National Credit Act (NCA) and will add a third course. All three courses provide the practical knowledge that credit providers and credit agents need when applying the NCA in their day-to-day activities.
All three courses are ideal for credit providers – no matter how big or small – who enter into a credit agreement covered by the NCA, and for credit agents who are authorised to act on behalf of a credit provider.
The redesigned courses are not only focused on the practical application of the NCA, but they are also far more user-friendly. Students engage the material via an interactive interface, making the learning experience fun, as well as informative.
The two updated courses are:
Managing the NCA (previously called the “Advanced NCA” course), which is tailored for executives, senior managers and financial managers employed by credit providers. The course comprises 10 learning units and will take about 12 hours to complete. The cost is R3 800 (including VAT). Click here for more information or to apply.
Understanding the NCA (F & I and Loan Consultants), which is for finance and insurance agents at motor dealers, and the employees of credit providers and credit agents. This course comprises eight learning units and will take about eight hours to complete. The cost is R2 800 (including VAT). Click here for more information or to apply.
In August, MBSE will add a new course, NCA Refresher, which is for anyone who has completed the above two courses and who wants to recap their knowledge. More details will be announced closer to the launch date.
In addition to the interactive interface, the learning units come with videos and downloadable study guides, if you prefer absorbing knowledge from printed material.
Students also get access to tools, such as templates for prescribed returns, and a library of guidelines and notifications from the NCR – so there’s no need to waste time tracking these down.
Students complete a self-assessment after each learning unit, and there’s a final assessment at the end of the course.
You can apply for any of the three courses at any time during the year.
If you believe you can get by without being completely up to speed with what the NCA requires, consider this: the National Credit Regulator (NCR) recently revoked the registration of approximately 2 800 credit providers because they failed to pay the fee required to renew their registration on time. Perhaps these providers didn’t pay their renewal fee because they didn’t receive an invoice from the NCR. But credit providers are responsible for updating their contact details with the NCR. Credit agreements entered into between consumers and unregistered credit providers are unlawful and may be declared void from the date the agreement was entered into.
If you’re working in the credit provision space, you cannot afford to be in the dark when it comes to your NCA obligations. Apply for one of MBSE’s NCA courses today.
