Correctional Services spokesman Manelisi Wolela has denied allegations that student leader Mcebo Dla.
THE level of debt stress may be easing, the National Credit Regulator said yesterday.
The number of consumers with impaired records was still increasing, with an increase of 90000 in the quarter ended December last year compared to the previous quarter, and an increase of 880000 over the previous year.
"However, the percentage increase is the lowest that it has been for two years, indicating that the level of debt stress may be easing," said NCR chief executive Gabriel Davel.
The volume of credit enquiries reached 146,88million in the quarter ended December last year reflecting a higher increase than that of the December 2008 quarter - 1,3million enquiries versus 430000, he said.
The number of enquiries made on consumer credit records during the quarter was an increase of 0,4percent quarter-on-quarter and 44,7percent year-on-year.
"The statistics do indicate a continued increase in overall marketing of credit products. However, a significant percentage of enquiries appear to relate to risk management by banks and retailers."
Davel said a pleasing trend was evident in the increasing demand by consumer for access to their personal credit records.
"There were 65082 free credit reports issued for the December 2009 quarter and consumers had to pay for 10935 credit reports. - Sapa