×

We've got news for you.

Register on SowetanLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

Rudco TOLD to Pay CLIENTS BACK

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

Would you like to comment on this article?
Register (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.