Swapping one need for another

Swapping one need for another

A worrying statistic to say the least, the National Credit Regulators have found that there is a large rise in the amount of consumers pawning in their assets, cars in particular, to secure a loan. Putting themselves and their livelihoods at risk, this is allowed but...
Capitec Bank Freezes 2000 MMM Accounts

Capitec Bank Freezes 2000 MMM Accounts

Capitec Bank has closed 2000 accounts connected to the MMM Ponzi scheme, said The CEO of the bank, Gerrie Fourie. Earlier this year, Capitec began shutting down accounts linked to MMM and reporting them to the South African Reserve Bank (Sarb). The Ponzi scheme has...
How to Protect your Elderly Parents Finances

How to Protect your Elderly Parents Finances

One day, you will need to take care of your elderly parents finances. As people age, the roles of child and parent often slowly reverse. Elder financial abuse is becoming prevalent. Sadly, caretakers and relatives are often to blame. A single scam can cost your...