Microlenders
latest news & developments
Loan shark crackdown on the cards
Parliament is considering clamping down on lenders charging illegal rates.
Lenders perpetuate debt trap
Despite the National Credit Act, consumers are still allowed huge amounts of credit, writes Maya Fisher-French.
Microlenders benefit from banks’ cutback
Microlenders are experiencing a significant increase in the number of applications for loans as banks turn away customers.