Together, let’s build a fair and more transparent financial landscape in Namibia.At NAMFISA, we are committed to safeguarding consumers from harmful practices within the financial sector. This page highlights common malpractices that can undermine your rights and financial security, such as overcharging interest, misrepresentation, and unfair treatment by financial service providers.
By understanding these issues, you can make informed decisions, assert your rights, and hold institutions accountable.
Consumers sign incomplete documents, risking unknown obligations.
Unfairly high interest rates burden borrowers.
Forcing customers to hand over ATM cards and PINs, compromising security.
Selling unsuitable products through deception or pressure.
Employers fail to deposit funds into employees’ pension accounts.
Advertisements that mislead or deceive consumers.