There has been an increase in loan scams as people become financially desperate and see a cheap loan as a way out of a financial crisis.
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A company claims to be offering loans to blacklisted people at an interest rate of just 3.5% per annum.
Maya and Mapalo discuss the modus operands of loan scams and also unpack the details of the Barlowworld Kula Zizwe BEE offering.
In the current economic climate, many South Africans need to borrow money out of desperation just to help them survive. It is here where scam artists and unscrupulous marketers prey on the public,
There are many fraudsters pretending to be credit providers and asking for money upfront, only to disappear once they have your money.
It was only when Patricia received a call from Wonga’s head of communications that she realised she had been the unwitting victim of a phising scam that has so far conned over 200 people into parting with their money. Two weeks ago Patricia...
As the cost of living continues to rise, you may be tempted to take out a personal loan. Maybe you want to renovate your home or make some changes before the chill of winter sets in. Whatever your reason, make sure that you know what you are...
Learn how you can pay your house off as quickly as your car, and why we fall for investment scams.
Fraudsters can come up with all sorts of smoke and mirrors and use all kinds of fancy jargon to pull the wool over even financially sophisticated people’s eyes.
Debt consolidation is not necessarily a solution to a debt problem. You need to make adjustments to your budget so that you do not access further credit.
The National Credit Regulator is clamping down on the type of unethical practices that have long plagued the consumer credit insurance industry.
Between 2015 and 2018, over 84 000 consumer profiles were compromised as part of a massive ID fraud syndicate.
The Credit Bureau Association recently stated that credit bureaus will not hold information regarding outstanding e-tolls.
In case you had missed the news, here in Cape Town where I live, there is a good chance water will stop coming out of taps on 12 April – “Day Zero”.