The National Consumer Tribunal has given loan provider Rudco Finance Company until midday today to repay instalments to clients who signed up for its loans at 6% interest.
The National Consumer Tribunal has given loan provider Rudco Finance Company until midday today to repay instalments to clients who signed up for its loans at 6% interest.
The name Rudco has become synonymous with the promise of a 6% fixed interest rate on home loans. This is 800 basis points below the prevailing prime lending rate of 14%. - I-Net-Bridge