02/06/2015

ABIL Brought Down By Reckless Lending

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 […]
22/05/2015

NCR Accuses Ubank of Reckless Lending

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 […]
21/05/2015

A Reckless Lending Case Study

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, […]
23/09/2014

    NCR investigates Money Financial Services for reckless lending! The National Credit Regulator (NCR) has published that it has applied to the National Consumer Tribunal […]