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WENDY KNOWLER | Consolidation loans can worsen debt trap

"The results indicated that consolidation loan practices constitute predatory lending, which exacerbates household over-indebtedness." ....

South Africa , Cape Town , Western Cape , Freddy Kamutiba , Knowler Consumer , World War , Sunday Times , Comment Policy , Wendy Knowler , Idm Group , Consolidation Loans , Stellenbosch University , National Credit Regulator , Reaking News , Sunday Times , He Times , Usiness Times , Shisa Live ,

Consolidation loans can worsen debt trap

Like many who are horribly over-indebted, Miriam hadn’t really interrogated her numbers: all she knew when she made that call to the country’s largest debt counselling company was that “my debt has got too much”. ....

Cape Town , Western Cape , South Africa , Freddy Kamutiba , Knowler Consumer , World War , Sunday Times , Comment Policy , Idm Group , Consolidation Loans , Stellenbosch University , National Credit Regulator , Reaking News , Sunday Times , He Times , Usiness Times , Shisa Live ,