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.
Tag - loan scam
A company claims to be offering loans to blacklisted people at an interest rate of just 3.5% per annum.
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,
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 getting into. Mandla recently had a nasty experience with a company based in Port Elizabeth called Halifax...