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NCR also wants Shoprite to be audited to reimburse consumers and to write off the reckless loans. Picture: Isaacgerg/Wikicommons.

National credit regulator

Shoprite found guilty of ‘reckless lending’

Shoprite Investments & Shoprite Insurance Company Limited will now have to face a tribunal.

  • South African Identity Document. Picture: Supplied.

    NCR raids: Pension cards, IDs & bank cards retrieved

    The National Credit Regulator’s Jacqueline Boucher speaks on raids by the NCR to root out credit providers who are contravening the National Credit Act. Five alleged illegal credit providers have already been arrested.

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    What to do when you default on car payments?

    Takalani Mudau, acting Manager of Complaints at the National Credit Regulator clarifies what the situation is when you fall behind with a car payment or similar, and gives an update on the Lewis Group's breach of the National Credit Act.