Avoid debt traps Not all debt is bad debt – but we have to keep a careful eye on how we manage our finances, so that we can avoid becoming over-indebted and dependent on debt. Avoid unregistered micro-lenders / mashonisas This is a debt-trap if ever there was one!...
NCR Crackdown – 13 Microlenders Referred to Tribunal! NCR Crackdown on Creditors Last week, the National Credit Regulator (NCR) referred 13 microlenders to the National Consumer Tribunal (NCT) for numerous violations of the National Credit Act (NCA). These...
