CCR World Magazine

You are here  :Home arrow News arrow NCR issues a Compliance Notice to Junk Mail Publishing (Pty) Ltd for contravention of the NCA
Contact Us Newsletter Signup RSS Feeds

Latest News Headlines


Commercial Credit News


NCR issues a Compliance Notice to Junk Mail Publishing (Pty) Ltd for contravention of the NCA Print E-mail
Wednesday, 11 June 2014

The National Credit Regulator (NCR) has announced today that it has issued a Compliance Notice to Junk Mail Publishing (Pty) Ltd (Junk Mail), the publisher of Auto Mart car magazine, for publishing advertisements for credit that contain statements that are prohibited in terms of the National Credit Act (NCA).

Junk Mail published adverts with statements such as “blacklisted clients welcome, blacklisted and listed we can help”. In terms of the NCA, these statements or phrases should not be contained in the advertisements for credit, says Nomsa Motshegare, CEO at the NCR.
The notice requires Junk Mail Publishing (Pty) Ltd to:
·         stop accepting such advertisements for publication;
·         review all advertisements for credit submitted for publication for compliance with the NCA before publishing them and to return non-compliant advertisements to its clients for correction prior to publishing them; and
·         submit its next version of the magazine with corrected advertisements for credit to the NCR.
Motshegare said Junkmail has since agreed to comply with the Compliance Notice. She stressed that all advertisements for credit from publishers and credit providers must comply with the National Credit Act and should not contain statements such as “blacklisted customers welcome, no credit checks required, free credit” or any wording that has substantially the same meaning.

(Source - NCR Press Release)


The CCR World App


Read CCR World as an App on your iPad or iPhone.
Simply click on this link (opens iTunes as an external link) to see the CCR World iTunes Preview and download to receive a free two-week trial or go to iTunes or the App Store and search for "CCR World".

CCR Magazine

Want to know more about the UK credit scene? Then take a look at our sister magazine, CCR, the leading UK publication for senior credit industry executives.

Find out more

CCR World newswire

Sign up to our E-Newsletter and E-Alerts.


Read The Magazine - FREE ONLINE!

CCR World is the premier magazine for consumer and commercial credit professionals. It provides an independent voice to the global industry, breaking news stories and running in-depth features.

It is FREE to read online, so click here to read the current edition online.

(If you have not registered already, you will just need to do so to read all the news and analysis).

GTS Media Ltd
81 Cambridge Road

Registered in England No: 05483197