In settlement agreement, African Bank agreed to write off the loans, refund consumers, rescind judgments taken against consumers, remove judgment and adverse information listings from the credit records of consumers and develop an active engagement process with the NCR.
The NCR slaps African Bank with a R20m fine
In settlement agreement, African Bank agreed to write off the loans, refund consumers, rescind judgments taken against consumers, remove judgment and adverse information listings from the credit records of consumers and develop an active engagement process with the NCR.
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In order to afford a home in South Africa, many people take out home loans. But what exactly is a home loan, and how should you go about getting one?
How is debt consolidation different from debt counselling?
If you’re struggling to manage your debt and you decide to seek help, you will likely come across the terms “debt counselling” and “debt consolidation”. Although they sound like synonyms, these are two separate debt solutions.
What factors colour your credit application?
When you apply for a loan, your prospective creditor will assess whether you can afford the monthly repayments. But what do creditors actually consider on your credit report, and what most interests them?
Is good debt a good reason to take out a personal loan?
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