The National Credit Regulator has called on South Africans not to burn their pockets while taking advantage of Black Friday deals. This comes after the regulator revealed that just over 16 million of the 26 million credit active consumers, are in good standing, while the rest of the 10 million have impaired records. It has been a hard year for consumers and things seem not likely to ease after the Reserve Bank hiked the repo rate to 3.75%, placing the prime lending rate at 7.25%. With the biggest shopping day of the year just hours away, the regulator says consumers need to be financially wise. Senior Communications Officer at the National Credit Regulator, Jimmy Golele