National Credit Regulator

The Johannesburg high court found the company’s product was at odds with the National Credit Act

New legislation seeks to close regulatory gaps to protect consumers and promote a competitive digital finance system

The KwaZulu-Natal state-owned bank is working to overcome its regulatory and legislative issues

Consumers are spending more than 40% of their disposable income on repaying debt, survey shows

Consumers can get their lives back after going under debt review although the process is not easy

The debt counselling process is not always smooth, as a Durban homeowner who fell into arrears on her mortgage has discovered

Rising interest rates and living costs deal a double blow to the poor

Industry professionals warn that, although well intentioned, the Bill to enable fund holders to get some of their savings before retiring can do harm

The NJMPF facilitates educational sessions at road shows, workshops and indabas

But amid worries that consumers could binge on credit there are signs they are handling debt better

The number of new accounts has risen but tough times have forced others to borrow

Only 1% of South Africa’s small, medium and micro-sized enterprises ask for formal financing

The bank on Wednesday morning reiterated that it had not been contacted by the NCR

What may be SA’s first female black-owned bank is due to disrupt the sector by targeting hawkers and taxi drivers

Given this economic uncertainty, households should save during boom times so that they can survive during a recession