Microlenders who put their trust in algorithms say humans indulge in too much unacceptable risk.
Increasing consumer stress and slow growth have prompted a more careful approach to lending.
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/ 19 October 2011
With which banks can foreigners apply for loans in South Africa, and what are the requirements?
The 67% year-on-year leap in loans with no surety has raised the hackles of the National Credit Regulator.
It is time to put on your lipstick and best suit and make friends with your bank manager, writes Maya Fisher-French.