RL Current News

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 […]
28/07/2016
saving

What is the Secret to Saving?

You may think you are unable to save because you don’t have enough money, but this may not be true. In fact, many people who inherit […]
05/07/2016
lending spree

The Lending Spree before the Rate Cap

Since the government announced that it would be capping maximum loan interest rates and fees six months ago, unsecured credit jumped by nearly 30%. This may […]
02/06/2016
Fixing your interest rate

Is Fixing Your Interest Rate a Good Decision?

Have you ever thought about fixing your interest rate? If you’re paying off a bond or home loan, you were probably very relieved when the South […]
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 […]