{"id":18868,"date":"2024-04-17T15:02:46","date_gmt":"2024-04-17T15:02:46","guid":{"rendered":"https:\/\/www.namfisa.com.na\/educates\/?page_id=18868"},"modified":"2025-06-24T11:33:52","modified_gmt":"2025-06-24T09:33:52","slug":"common-malpractices","status":"publish","type":"page","link":"https:\/\/www.namfisa.com.na\/educates\/common-malpractices\/","title":{"rendered":"Common Malpractices"},"content":{"rendered":"\t\t
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Together, let\u2019s build a fair and more transparent financial landscape in Namibia.<\/span>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. \n<\/br><\/br>\nBy understanding these issues, you can make informed decisions, assert your rights, and hold institutions accountable. <\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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Consumers sign incomplete documents, risking unknown obligations.<\/p> <\/div>\n <\/div>\n <\/div>\n\t\t\t\t\t\t\t

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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/path>\t\t<\/path>\t\t<\/path>\t\t<\/path>\t<\/g><\/g><\/svg>Hidden Details<\/span>\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n \t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\n\n <\/div>\n
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Key information is withheld, leaving consumers uninformed.<\/p> <\/div>\n <\/div>\n <\/div>\n\t\t\t\t\t\t\t

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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/path><\/g><\/svg>Excessive Interest<\/span>\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n \t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\n\n <\/div>\n
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Unfairly high interest rates burden borrowers.<\/p> <\/div>\n <\/div>\n <\/div>\n\t\t\t\t\t\t\t

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\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/path><\/svg>Card Surrender<\/span>\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n \t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\n\n <\/div>\n
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Forcing customers to hand over ATM cards and PINs, compromising security.<\/p> <\/div>\n <\/div>\n <\/div>\n\t\t\t\t\t\t\t

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\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/path><\/svg>Product Mis-selling<\/span>\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n \t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\n\n <\/div>\n
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Selling unsuitable products through deception or pressure.<\/p> <\/div>\n <\/div>\n <\/div>\n\t\t\t\t\t\t\t

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\n\t\t\t\t\t\t\t\t\t\t\t\t\tUnpaid Pension<\/span>\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n \t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\n\n <\/div>\n
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Employers fail to deposit funds into employees\u2019 pension accounts.<\/p> <\/div>\n <\/div>\n <\/div>\n\t\t\t\t\t\t\t

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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/path>\t<\/polygon>\t<\/path>\t<\/path><\/g><\/svg>False Advertising<\/span>\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n \t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\n\n <\/div>\n
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Advertisements that mislead or deceive consumers.<\/p> <\/div>\n <\/div>\n <\/div>\n\t\t\t\t\t\t\t\n <\/div>\n <\/div>\n <\/div>\n\t\t\t\n <\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

Together, let\u2019s 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<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_eb_attr":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_EventAllDay":false,"_EventTimezone":"","_EventStartDate":"","_EventEndDate":"","_EventStartDateUTC":"","_EventEndDateUTC":"","_EventShowMap":false,"_EventShowMapLink":false,"_EventURL":"","_EventCost":"","_EventCostDescription":"","_EventCurrencySymbol":"","_EventCurrencyCode":"","_EventCurrencyPosition":"","_EventDateTimeSeparator":"","_EventTimeRangeSeparator":"","_EventOrganizerID":[],"_EventVenueID":[],"_OrganizerEmail":"","_OrganizerPhone":"","_OrganizerWebsite":"","_VenueAddress":"","_VenueCity":"","_VenueCountry":"","_VenueProvince":"","_VenueState":"","_VenueZip":"","_VenuePhone":"","_VenueURL":"","_VenueStateProvince":"","_VenueLat":"","_VenueLng":"","_VenueShowMap":false,"_VenueShowMapLink":false,"footnotes":""},"class_list":["post-18868","page","type-page","status-publish","hentry"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.namfisa.com.na\/educates\/wp-json\/wp\/v2\/pages\/18868","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.namfisa.com.na\/educates\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.namfisa.com.na\/educates\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.namfisa.com.na\/educates\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.namfisa.com.na\/educates\/wp-json\/wp\/v2\/comments?post=18868"}],"version-history":[{"count":280,"href":"https:\/\/www.namfisa.com.na\/educates\/wp-json\/wp\/v2\/pages\/18868\/revisions"}],"predecessor-version":[{"id":34520,"href":"https:\/\/www.namfisa.com.na\/educates\/wp-json\/wp\/v2\/pages\/18868\/revisions\/34520"}],"wp:attachment":[{"href":"https:\/\/www.namfisa.com.na\/educates\/wp-json\/wp\/v2\/media?parent=18868"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}