For years, African Bank Investments Limited (ABIL) granted high-interest loans to millions of financially illiterate, low-income South Africans. The bank statements ABIL produced, in their […]
On 13 January 2015, the National Credit Regulator (NCR) referred uBank to the National Consumer Tribunal (NCT) for contravening the National Credit Act (NCA). The NCR […]
The reckless lending case of Merle Colinette Horwood vs First Rand Bank Ltd (FRB), which took place on 1 June 2011, in the South Gauteng High Court, Johannesburg, […]
NCR investigates Money Financial Services for reckless lending! The National Credit Regulator (NCR) has published that it has applied to the National Consumer Tribunal […]