Breifly describe a "credit provider" in terms of the National Credit Act.

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A credit provider, as defined by the National Credit Act (NCA), refers to any individual, institution, or entity that provides credit or enters into a credit agreement with a consumer in South Africa. This can include banks, micro-lenders, financial service providers, and retailers offering credit facilities. These credit providers are regulated by the NCA and are required to comply with its provisions to ensure fair and responsible lending practices. They must assess consumers' creditworthiness, disclose all relevant information about loans, interest rates, fees, and charges, and provide suitable credit agreements in compliance with the NCA. The NCA also empowers the National Credit Regulator to oversee and enforce regulations that promote responsible lending and protect consumers from abusive lending practices.