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Mr Arnold urgently needs money and pawns his car for R150 000. 3.1 Discuss the three categories of credit agreements. 3.2 Within the ambit of

Mr Arnold urgently needs money and pawns his car for R150 000. 3.1 Discuss the three categories of credit agreements. 3.2 Within the ambit of the National Credit Act, what type of credit agreement is the above considered to be? 3.3 What are the duties of a National Credit Regulator in terms of the National Credit Act?

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