25/08/2016
NCR reckless lending

NCR to be Empowered to Fine Reckless Lenders

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 […]
05/05/2016
capitec

Capitec in Court for Reckless Lending

  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 […]
19/04/2016
reckless lending

Ombudsmen Tackle Reckless Lending

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 […]
25/05/2015

What is Reckless Lending?

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 […]