Press Release: Vulnerable consumers suffer at the hands of Mashonisas as legal credit providers close down
Vulnerable consumers suffer at the hands of Mashonisas as legal credit providers close down (Johannesburg, Gauteng – 4 October 2024) –...
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MFSA
Aug 263 min read
Press release: Consumers urged to choose registered credit providers amid rising concerns over illegal lending practices
(Johannesburg, South Africa, 26 August 2024) As the South African economy continues to face challenges, consumers are increasingly...
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MFSA
Jul 174 min read
Press Release: Financial exclusion fuels the growth of informal borrowing
Financial exclusion fuels the growth of informal borrowing (17 July 2024, Johannesburg) Amidst rising living costs and an increase in...
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MFSA
Jun 53 min read
Press Release: Microfinancing industry body calls for review of outdated credit pricing regulations
Microfinancing industry body calls for review of outdated credit pricing regulations (05 June 2024, Tshwane) Financial products drive our...
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MFSA
May 151 min read
NCR ANNOUNCEMENT: APPOINTMENT OF ACTING CHIEF EXECUTIVE OFFICER
The National Credit Regulator (NCR) wishes to inform all stakeholders and the public, of the appointment of Ms. Lynette De Beer (CA) SA),...
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MFSA
Apr 174 min read
NCR Media Release: Credit extension seasonally increases marginally.
Media Release For Immediate Release ...
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MFSA
Jan 93 min read
NCR Media Release: Borrow wisely this January
Media Release ___________________________________________________________________________________________ For Immediate Release ...
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MFSA
Dec 11, 20232 min read
Bring back the ‘happy’ in ‘happy holidays’ by getting out of the generational debt prison.
Credit Ombud & MFSA For immediate release: 11 December 2023 As soon as the 1st of December hit, there was already a festive buzz in the...
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MFSA
Aug 18, 20232 min read
NCR Media Release: Investigations in the Cape Town
For Immediate Release ...
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MFSA
Feb 24, 20231 min read
Media Statement - National Treasury
LISTING OF SOUTH AFRICA BY THE FINANCIAL ACTION TASK FORCE AS A “JURISDICTION UNDER INCREASED MONITORING” Government notes the Financial...
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MFSA
Feb 2, 20231 min read
FSCA Press Release | Reducing joblessness through entrepreneurship best option for SA
South Africa is not creating enough jobs for the number of graduates and matriculants seeking to enter the job market every year and the...
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MFSA
Oct 11, 20223 min read
Credit extension marginally slows down
Today, the National Credit Regulator (NCR) released the Consumer Credit Market Report (CCMR) and the Credit Bureau Monitor (CBM), which...
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MFSA
Oct 7, 20226 min read
Prevention is better than cure | Press Release: MFSA & Credit Ombud
Prevention is better than cure Managing your finances for the future Financial planning has become a necessity when it comes to managing...
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MFSA
Sep 5, 20226 min read
Press Release: MFSA & Credit Ombud
Spring cleaning your financial house Spring has sprung! The excitement of a new season that brings sunshine is in the air. While our...
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MFSA
Aug 2, 20226 min read
Press Release: The Credit Ombud & MicroFinance SA
We are guided by the theme “Generation Equality: Realizing Women’s Rights for an Equal Future”. What this means is that before gender,...
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MFSA
Aug 1, 20224 min read
Are you repaying a prescribed debt? Ombud cautions consumers about banks breaking the law
Some banks are tricking customers into repaying debts that have prescribed. The Ombudsman for Banking Services has written off debt and...
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MFSA
Aug 1, 20224 min read
Credit and the law: Here are the rights you must know about
With up to 72% of consumers living on credit, you should know what the law says about credit before you decide to apply. It is important...
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MFSA
Jul 4, 20225 min read
Press Release: The Credit Ombud & MicroFinance SA
What you need to know about Debt Counselling The life of an over-indebted consumer need not be lived in uneasiness. The National Credit...
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MFSA
Jul 1, 20224 min read
Press Release: The Credit Ombud & MicroFinance SA
Saving helps to lessen the burden Many of us have this idea that saving is not possible when you are over-committed financially. There...
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