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

Regulations

National Credit Regulations, 2006

Annexure A : Forms

Declaration of Consumer's Necessary Expense Questionnaire

 

Instructions:

 

i. This questionnaire must be completed in instances where a consumer discloses minimum living expenses that are below those defined in the Regulations.

 

ii. In case of joint applications only one questionnaire must be completed that considers the details of all applicants

 

Consumer Declaration:

 

1. The consumer/s completing this questionnaire is hereby reminded that in terms of section 81(1) of the National Credit Act when applying for a credit agreement, and while that credit agreement is being considered by the credit provider, the prospective consumer must fully and truthfully answer any requests for information made by the credit provider as part of the assessment. Misrepresentation of facts will be dealt with in terms of the applicable law.

 

Section 1 : Applicant Details

 

Description


Credit provider's trading name:


Credit provider's NCRCP number:


Date of application for credit:


Transaction number


Principle debt of credit transaction


Credit applicant/s first name


Credit appliciant/s family name


Credit applicant/s identity/passport number


Consumer signature


 

 

 

Section 2 : Necessary Expenses

 

Declared monthly expenses by the consumer

 

(Please fill in for the relevant income band. In the case of joint applications the joint annual gross income of all applicants must be used.)

 

Table A : Necessary Expense Norms Terms

 


Monthly Necessary Expenses

 

 

Gross Monthly Income

Applicable monthly necessary expenses

 

(Calculated by the credit provider as per Table 1 above

 

 

Consumer declared expenses

 

 

(As per consumer declaration)

R

 

R

R

 

 

 

Section 3 : Consumer Declaration

 

3A

Monthly Expenses

 

3.1

Accommodation expenses


Monthly

Amount


R

[                      ]

Own home: provide address



[                      ]

Living with family: insert name/s and contact details



[                      ]

Living with friends: insert name/s and contact details



[                      ]

Other (please explain)








 

 

3.2

Transport expense


Monthly




[                      ]

Live close to work/school/college: give address



[                      ]

Transported by family: insert name/s and contact details



Amount

[                      ]

Own transport


R

[                      ]

Transported by family: insert name/s and contact details



[                      ]

Other (please explain)








 

 

3.3

Food expense


Monthly




[                      ]

Provided by employer: insert name



Amount

[                      ]

Provided by family: insert name/s and contact details


R

[                      ]

Provided by friends: insert name/s and contact details



[                      ]

Other (please explain)








 

 

3.4

Education expense


Monthly




Amount

[                      ]

Provided by family: insert name/s and contact details


R

[                      ]

Provided by friends: insert name/s and contact details



[                      ]

Not studying at the moment



[                      ]

No school going children



[                      ]

Other (please explain)




 

 

3.5

Medical expense


Monthly




[                      ]

Provided by employer: insert name/s and contact details



Amount

[                      ]

Provided by family: insert name/s and contact details


R

[                      ]

Provided by friends: insert name/s and contact details



[                      ]

Own medical expense



[                      ]




[                      ]

Other (please explain)




 

 

3.6

Water and electricity


Monthly




Amount

[                      ]

Water and Electricity:


R

[                      ]

Other (please explain)




 

 

3.7

Maintenance expense


Monthly




Amount

[                      ]

Living with family: insert name/s and contact details


R

[                      ]

Payment provided by court order



[                      ]

Other (please explain)




 

 

[Annexure A (Declaration) inserted by Notice No. R. 202, GG 38557 dated 13 March 2015]