Wonga CEO leaving Microlender Wonga.com have been in the news recently as the NCR turned their attention on them. This has not been the only source of concern for them as in the UK they have also taken a pounding … read more
Bride Loans Enter Business Rescue Falling profits and climbing overheads and a steady decline in recoveries have pushed unsecured lender Bridge to the brink of collapse. Half way through September the folk at Bridge Loans decided they need to take drastic … read more
Meet the New Consumer Goods & Services Ombud Chairperson Maguata Mphahlele is a familiar face in the world of Debt Counselling and has a history of involvement with the NCA and CPA. She worked at the Department of Trade and Industry … read more
Credit Bureau Monitor (1st Quarter 2014) The various credit bureaus report to the NCR each Quarter (as do others they regulate such as Debt Counsellors). The NCR the collate that info and release a report on the statistics over the … read more
Moneyline Financial Services Parent Company says they will fight Net1, the American parent company which owns Moneyline Financial Services intend to ooppose the NCR’s application to the National Credit Tribunal to have them shut down. MORE: read about … read more
The New Economic Rights Alliance Target the NCR NewERA are well known for stirring up a hornets nest and not being afraid to take on big organisations in the media and courts. The latest organisation in their crosshairs seems to … read more
NCR crack down on Moneyline Financial Services The National Credit Regulator has applied to the National Consumer Tribunal (NCT) to cancel the registration of Moneyline Financial Services (Pty) Ltd for breaches of the National Credit Act THE NCR has investigated a … read more
Are Capitec’s computers sending out bulk collection SMS’? If you are a consumer who owes Capitec money then chances are that you received a scary collections sms this week. It seems that even consumers under debt review are getting these … read more
Consumer Friend will now be handling Sanlam Personal Loans Matters Consumer Friend have announced that as of 18 september 2014 they will now be handling all debt review related matters for Sanlam Personal Loans. Consumer Friend are winners of a … read more
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