IMPACT OF THE POSSIBLE CREDIT AMNESTY & DEBT IMPAIRMENTS – ALTERNATIVE SOLUTIONS FOR HOME BUYERS

The possibility of the implementation of the announced Credit Amnesty, the R20 million penalty imposed on African Bank for reckless lending and the realisation that unsecured and short term lending was getting out of control, already had a severe impact in the property industry as lenders are tightening their purses. Consumers who rely on debt to make ends […]