CONSUMER CREDIT ASSOCIATION

Since the mid-80’s there had been a growing realisation among many of the larger retailers who extended credit facilities to their customers, that there existed an enormous pool of consumer credit information which, if shared, could be of considerable and beneficial use in making responsible and appropriate credit granting decisions.

After a series of working meetings towards the end of 1988 and early 1989, involving major retailing groups, Information Trust Corporation and Kreditinform (now Experian), a decision was taken that such consumer information sharing would be beneficial to consumers, credit grantors and to the economy of South Africa, providing it was developed under controlled conditions to ensure security and privacy and processed via bona-fide information bureaux having resources, expertise and integrity.

Therefore, in April 1989, 11 founder members formed and constituted the Consumer Credit Association (CCA) as an Association not for gain.

Since that time the CCA has expanded its activities across all aspects of consumer credit granting and related activities e.g. legislation lobbying and provision of advice to members on consumer credit matters.

THE FOUNDER MEMBERS WERE:

Amrel Group
Boymans Group
Edgars
Foschini Group
Information Trust Corporation
JD Group
Kreditinform
OK Bazaars
Prefcor Group
Sales House
Truworths

On 21 June 2007 the name of the CCA was changed to CREDIT PROVIDERS ASSOCIATION (CPA)

Today most of the major and many of the smaller consumer credit grantors are members. Further details of the ever-growing membership are available on request.