The Weekend View

DTI gazettes regulations that promote responsible debt applications


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The department of trade and industry has gazetted amendments to the National Credit Act that will force consumers and credit providers to be more responsible with new debt applications. The National Credit Regulator has reported a growth of R132 billion in unsecured lending between 2008 and 2014. We caught up with Company Secretary at National Credit Regulator, Lesiba Mashapa on the significance of the regulations
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