5 reasons to stay away from loan sharks
May 13, 2022
3 minutes
BY LETITIA WATSON
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MANY South Africans who struggle financially use non-registered credit providers, also known as loan sharks or mashonisas, because it’s so easy and quick to get a loan. But here are five things to bear in mind before taking this route.
1 WHAT NON-REGISTERED MEANS
They’re not registered with the National Credit Regulator (NCR) as required by
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