Number of over-indebted South Africans falls
Debt Rescue say people are indebted for failing to have a proper budget and live within their means. South Africans are showing an improvement in way they handle their finances, says Stats SA. According to statistics released recently, less South Africans were battling to pay their debt. Statistician General Pali Lehohla said the number of […]
The pitfalls of loans – Consumer rights
THE guilty verdict against Lewis Stores for infringing the National Credit Act by the National Credit Regulator (NCR) was just the tip of the iceberg and many more listed and privately-held entities extending loans were guilty of these practices. Neil Roets, CEO of one of the largest credit management corporates in South Africa, said the […]