Browsing Tag

Loans

Repo rate cut by 1%

Staff Reporter Mar 20, 2020

The South African Reserve Bank Monetary Policy Committee (MPC) has announced that the Repo Rate is going down from 6.25% to 5.25%. The prime interest rate drops from 9.75% to…
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“SASSA grants cannot be deemed income for credit applications” – NCT

Staff Reporter Aug 21, 2019

With South Africa's economy going downhill and the rate of unemployment painting the country red, social grant recipients are left seeking financial help through unscrupulous money…
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