Amendments to the National Credit Act have set new maximum interest rates which can be charged on a loan, based on the repo rate.
Category - Credit
The latest figures from the Old Mutual Savings and Investment Monitor show increasing levels of financial stress, even among high-income earners.
RainFin is a crowdfunding platform whereby small businesses can get loans from individual investors, thereby cutting out the middleman.
Applying for a home loan can be a complex process for entrepreneurs or freelancers ‒ people who have uncertain or unpredictable income flows.
I often receive complaints from people who have signed agreements they haven’t fully understood. Unfortunately there is little recourse for the consumer in such cases. Take time to read the fine print.
The pros and cons of keeping a home loan facility open once it's been paid off.
In order to evaluate the potential risk posed by lending money to consumers, banks will buy people's credit files from a credit bureau.
If you have a bad credit record does this affect your prospects of getting a job, and does a good credit record improve your chances?
A reader asks how he can improve his credit score once he's ve settled all his debts.
There is much to be said for renting when it comes to electronics, appliances and even furniture. When I was young, everyone rented a TV, most of them from Teljoy. In those days, TVs were simply unaffordable and credit was not as easily...