The National Credit Code seeks to protect debtors by creating uniform requirements regarding:

Question

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The National Credit Code (NCC) is a code of conduct that relates to credit activities undertaken by consumers and businesses. It aims to promote responsible lending practices and to protect borrowers from unfair and predatory lending practices. This is achieved by setting out uniform requirements for credit providers such as disclosure requirements, responsible lending obligations, and dispute resolution mechanisms. Therefore, the correct choice is D - credit arrangements and recovery of outstanding debts.

The National Credit Code Seeks to Protect Debtors by Creating