Crackdown on loan sharks

Regulator’s moves to sanction ‘unscrupulous’ credit providers are welcomed by experts

Joseph Booysen
BUSINESS REPORTER joseph.booysen@inl.co.za
EXPERTS have welcomed the National Credit Regulator’s referral of “unscrupulous” cred­it providers who extended cred­it recklessly to consumers.

The regulator announced on Friday that it has referred 13 credit providers …Read More