Frequent short-term borrowing can hurt your bond application because lenders see it as a sign of financial instability, even if you make repayments on time
The findings challenge stereotypes, showing a generation that’s resourceful, pragmatic and shaping its own financial future
There are ways for start-ups and small and medium enterprises to avoid financing problems
Debt-strapped citizens are taking short term loans to ‘balance’ cash flow as wages fail to keep up with the cost of living This content is restricted to registered users and…
Barter, long thought to be our first means of financial interaction, only appeared recently
As millions join the unemployment ranks, relying on debt to make ends meet becomes more attractive
Finance minister warns that government’s increased debt could mean ratings agencies downgrade the country’s credit worthiness to junk
‘Like a compulsive shopper using one credit card to pay off another, too many African governments are taking on too much debt far too casually’
‘An improvement was observed in first-time defaults on personal loans, credit cards and home loans’
Blacklisted? No banking history? A new kind of test could qualify you for a loan.
The technology company has launched a new app that will decide what you can and can’t afford.
Report reveals that consumers’ financial vulnerability is growing more acute.
Credit Bureau Association still waiting for more information.
Many South Africans struggle to balance the high cost of living with the urge to save for their futures.
Growth in unsecured lending remains high.
South African credit growth has accelerated for the first time this year to 9.1% in April.
Of the 18.84-million credit active people in the country, 46.7% of them have impaired records, the National Credit Regulator said in October 2011.
Parliament is going ahead with it, but credit providers say the last one did as much bad as good.
Finance Minister Pravin Gordhan has once again expressed deep concern about the level of consumer debt in the country.
The conundrum facing credit ratings agencies can perhaps be best illustrated by the comments of a director of one of the industry’s largest players.
