consumer credit

 
Debt relief won’t be a quick fix
Debt relief won’t be a quick fix
Low-income and over-indebted consumers may soon have the right to have their debt written off. The Debt Relief Bill, formerly known as the National...
SA credit extension continues to decline
SA credit extension continues to decline
South Africa’s credit extension has continued to slow over the past year and is...
Two million South Africans still fail to stay out of debt
Two million South Africans still fail to stay out of debt
More than two million consumers who had their bad credit information wiped clean through government regulation have tarnished their credit records...
Credit information amnesty for consumers in balance
Credit information amnesty for consumers in balance
As embattled South Africans face high debt levels alongside ongoing economic and employment uncertainty, a recent report has revealed that...
Massmart chief: Consumer spending slowing down
Massmart chief: Consumer spending slowing down
Consumer spending has slowed down and worsened in the past few months, Massmart chief executive Grant Pattison said on Tuesday.
Banks clutch their purses a bit tighter
Banks clutch their purses a bit tighter
Banks will be more cautious about lending in the coming financial year, prompted by concern about increased pressure on consumers and companies...
Zimbabwe investors find glass half-full
Zimbabwe investors find glass half-full
For foreign investors willing to take a risk on Zimbabwe, it is always a question of which news to trust. Just as foreign investors at a conference...
Unsecured credit rush 'no bubble'
Unsecured credit rush 'no bubble'
As growth in unsecured lending rises by more than 20% year on year with the expectation that it will reach 30% by year end, there is concern about...
Fiery champ of your right to a fair deal
Fiery champ of your right to a fair deal
Mamodupi Mohlala bustles into a boardroom in the Consumer Commission's new offices in Centurion, Pretoria. She apologises for being late for our...
Spending on food and health drops
Spending on food and health drops
South Africans are spending less on food and health care compared to the last two years, said debit and credit card distributor Sureswipe on...
Clients give credit the cold shoulder
Clients give credit the cold shoulder
Consumers are focusing on paying off their debt and there has been a marked shift away from credit cards and overdraft facilities.
Households more prudent about credit
Households more prudent about credit
Private-sector credit fell by a "surprising and substantial" 0.4% in May, according to Stanlib economist Kevin Lings, although consumer credit...

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