Tags Credit

Tag: credit

Consumer help: banking, loans, credit, debt

Got a complaint against your bank? Being ripped off by a loan shark? Protect yourself from unfair practices, find out if your lender is registered, or check up on your credit rating.
Moody’s rating: South Africa has plans to revive economy

Moody’s rating: South Africa has plans to revive economy

South Africa is implementing measures to revive the economy after rating agency Moody’s downgraded the country’s credit rating. On the positive side, the ratings agency revised the country’s credit outlook from negative to stable, reflecting government’s commitment to fiscal discipline.
BRICS give credit to local currencies

BRICS give credit to local currencies

Brazil, Russia, India, China and South Africa - the BRICS grouping of influential developing countries - have signed an agreement to use their own currencies instead of the predominant US dollar in issuing credit or grants to each other.
South Africa doing 'quite well': Fitch

Fitch upgrades SA’s ratings outlook

International credit ratings agency Fitch Ratings has revised South Africa's outlook from negative to stable, citing improved economic growth prospects, increased spending in key areas by companies like Eskom and Transnet, and a narrowing current account deficit.
Fill up and pay with your credit card

Fill up and pay with your credit card

Motorists in South Africa will now be able pay for fuel with their credit cards. Filling stations that cannot handle credit card payments have been urged to put up prominent notices to this effect.
South Africans 'must start saving'

NCR raising credit awareness

The National Credit Regulator has spent the last four months educating consumers, lenders and court officials about the new National Credit Act, as it is vital for successful implementation thereof, members of Parliament have heard.
EU

EU, IDC launch small business fund

South Africa's Industrial Development Corporation has partnered with the European Union to launch a R450-million credit facility for emerging small businesses in the country.

‘The poor should not seek loans’

Human rights organisation Black Sash wants the government to remove a section of the proposed National Credit Act that makes it possible for consumers to get a loan without any credit assessment, saying it will expose the poor to abuse by unscrupulous lenders.

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