BNP Paribas has begun to negotiate the purchase of RCS Investment Holdings, a consumer credit provider owned by Standard Bank and Foschini.
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Parliament is going ahead with it, but credit providers say the last one did as much bad as good.
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Alarm bells are not going off just yet, but experts say the rise in unsecured credit in South Africa is a worrying trend. Lynley Donnelly reports
Fifteen credit providers have been arrested for allegedly bullying people and using illegal collection tactics in the Northern Cape.