South African's unaware of the state of their credit profiles
The recent amendments in the National Credit Act (NCA) will make it more difficult for consumers to turn to unsecured lenders when short on cash. With stricter structures for affordability assessments by lenders being put in place, it has never been more important for South Africans to maintain a good credit standing – however, a worrying amount of South Africans are currently unaware of the state of their own personal credit profile.