A statement of account in respect of a small agreement must be in Form 26 or must contain the following information:
(a) | The details of the credit provider, including: |
(i) | the name of the credit provider |
(ii) | the trading name of the credit provider, if any |
(iii) | the credit provider’s registration number issued by the National Credit Regulator; |
(iv) | the physical address and postal address of the credit provider; |
( v) | the telephone number of the credit provider; |
(vi) | where relevant, the details of the bank account into which the consumer’s payment must be made, including name of bank, account number, branch code and reference number; |
(b) | The details of the consumer, including |
(ii) | the consumer’s account number or reference number |
(iii) | the consumer’s address; |
(c) | The date of the statement; |
(d) | The period covered by the statement; |
(e) | Details of the agreement including (if applicable): |
(ii) | the annual rate of interest |
(iii) | the installment amount |
(iv) | the frequency of the installment |
(v) | the balance outstanding at the date of statement |
(vi) | whether the account is in arrears, and if so, the amount of such arrears; |
(f) | A summary of the transactions that occurred during the period of the statement, including the total amount debited or credited to the account in respect of the following: |
(iv) | insurance costs levied |
(v) | collection costs levied |
(vi) | default administration costs levied |
(vii) | legal fees incurred; |
(g) | A detailed statement of each transaction that occurred during the period of the statement including the following: |
(i) | closing balance from the previous statement |
(ii) | the date of each transaction |
(iii) | a description of the transaction |
(iv) | the amount of the transaction and whether it is a debit or credit on the account |