Mail & Guardian
Mail & Guardian
national credit regulationslatest news & developments
The National Credit Regulator says it will consider appealing the judgment.
FIN1

High court ruling could unleash flood of new credit applications

TransUnion CEO Lee Naik stressed the ruling does not scrap the entire National Credit Act regulation, which makes provision for responsible lending

  • Fin1
2 min read
Some say the decision to scrap the need for borrowers to provide documented proof of income will result in reckless lending but others believe it is a fair decision.
FOSCHINI

Credit ruling gets mixed reaction

Both those for it and against it want responsible lending but are at odds over how it should be done

  • Staff Reporter
6 min read