Most loans 'in good standing'
Apr 26, 2012 |
I-Net Bridge |
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MOST consumer loans with SA banks are being serviced properly, with 54% of individuals and 75% of accounts being in good standing, says Darel Bhergin, a researcher at the National Credit Regulator.
Picture taken from www.kathlegocashloans.co.zaSACP general secretary Blade Nzimande has said that the financial system is facing a credit bubble because of the increase in unsecured loans by the major banks.
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