ESSENTIAL TERMS AND CONDITIONS OF A LOAN AGREEMENT
loan agreement is a document in which a lender sets out the terms and conditions under which it is pr...
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MICRO-LOANS
What is a roll-over loan? A roll-over loan is a practice which gives the borrower the option to renew a...
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AFFORDABILITY OF A LOAN
WHAT DOES IT MEAN TO ME AS A CONSUMER? To buy or not to buy, that is the question. Consumers...
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SHOWCASE STORY TANGENI THE LOAN SHARK
Anna was in dire need of money. She needed money urgently to give her family a treat. She had no...
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MICROLENDING INTEREST RATES
In terms of the Usury Act, 1968 (Act No. 73 of 1968) a moneylender is defined as any person who...
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FOCUS AREAS COMPLAINTS
INTRODUCTION NAMFISA’s Complaints Department receives and handles a number of complaints on a daily basis. These complaints are dealt with...
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REDIT AGREEMENTS WHAT YOU NEED TO KNOW ABOUT CREDIT TRANSACTIONS
1. What is a Credit Transaction? A credit transaction is a transaction whereby the credit grantor (service pro-vider) sells or...
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MICRO-LENDING OPERATION
In terms of the Usury Act, 1968 (Act No. 73 of 1968), a money lender is defined as any person...
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