SA banks Archives - Reckless Lending

24/02/2017

Published by Ryan-Admin at 24/02/2017

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Curbing Debt: Protecting Yourself from Banks

Consumers seeking loans should ensure the lender is a different credit provider to the one they bank with, Summit CEO Clark Gardner said in reaction to […]

17/01/2017

Published by Ryan-Admin at 17/01/2017

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Predictions for South Africa in 2017

2016 was an interesting year all round, from the election of Donald Trump to the US presidency, to the passing of some of the biggest stars […]

14/03/2016

Published by Ryan-Admin at 14/03/2016

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The Credit Market We Deserve

The Credit Market As Is There are around 20 million credit users in South Africa, with over 10 million in arrears. Countless borrowers have 10 or […]

13/11/2015

Published by Ryan-Admin at 13/11/2015

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SA banks

Standard Bank Caught Out in a Securitisation Lie

In mid-July 2015, Jack Darier of Parkhurst, Johannesburg contacted Standard Bank’s legal department to ask a simple question: had his home loan been securitised? The bank […]

07/07/2015

Published by Ryan-Admin at 07/07/2015

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Slight Relief for SA Borrowers – Lower Maximum Interest Rates Proposed

NCR Reviews Interest Rates and Fees On 3rd July 2015, the Department of Trade and Industry (dti) published a Government Gazette Notice, which is now open […]

09/06/2015

Published by Ryan-Admin at 09/06/2015

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How to Protect Yourself from Garnishee Abuse

What is an Emolument Attachment/ ‘Garnishee’ Order? When a debtor falls into arrears or defaults on debt payments, credit providers often appoint debt collectors to serve […]