A Vancouver family continues to face the repercussions of high-interest payday loans after their vulnerable son fell into more than $45,000 of debt in the span of months.

The Ombudsman for Banking Services is advising South Africans to be aware of their rights when it comes to dealing with financial institutions. The Ombud’s Reana Steyn spoke with eNCA’s Anlie Hattingh. Courtesy of #DStv403

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The National Treasury is considering introducing reforms to stop the abuse of garnishee orders.
Many consumers have been issued garnishee orders by clerks of the court instead of by a magistrate…
A move regarded as fraudulent.
The National Debt Mediation Association, says there are as many as 3-million active garnishee orders in South Africa at present

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