Predatory credit providers could be in for trouble‚ as the Department of Trade and Industry (DTI) is preparing to give the National Credit Regulator (NCR) power […]
Capitec Bank is facing legal action for alleged reckless lending with regard to their short-term credit facilities. Summit Financial Partners filed papers in the Stellenbosch magistrate’s […]
Clive Pillay, the Ombudsman for Banking Services and Nicky Lala-Mohan, the Credit Ombud have taken a stand against reckless lending. Consequently, many consumers are having their […]
An issue common in South Africa, it is ideal for every credit active citizen to understand this simple question – What is reckless lending? Reckless lending […]