Category Archives: Uncategorised

How Big is the Fraud Problem in Retail Credit?

It's certainly alarming to note the significant number of accounts that have been opened with no intention of repayment over the past four years, totaling almost 1 million accounts with an exposure of more than three and a half billion Rand....

South African banks are granting more home loans
Bond originator BetterBond points to a 4% increase in the number of home loans granted in the country over the past 12 months, despite the number of home loan applications falling off by a similar percentage. “This increase is partly due to the fact that many home buyers...