21/09/2016
reckless lending

The Hidden Costs of Credit

Always know the hidden costs, always check your statement balance When taking out credit accounts with retail stores, there can sometimes be hidden costs that can […]
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 […]
12/08/2015

Moneyline Financial Services – Reckless Lender to Social Grant Beneficiaries

Social Grants as Collateral Last year, the National Credit Regulator (NCR) referred Moneyline Financial Services to the National Consumer Tribunal for reckless lending. The Regulator discovered […]
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 […]