Credit Provider
latest news & developments
France’s largest bank BNP Paribas to buy South African credit provider
BNP Paribas has begun to negotiate the purchase of RCS Investment Holdings, a consumer credit provider owned by Standard Bank and Foschini.
New credit amnesty raises alarm
Parliament is going ahead with it, but credit providers say the last one did as much bad as good.
Banks cash in as SA borrowing soars
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
Project Blitzkrieg nails ‘skopper’ credit bullies
Fifteen credit providers have been arrested for allegedly bullying people and using illegal collection tactics in the Northern Cape.