DON'T BE EXPLOITED BY UNSCRUPULOUS LENDERS
Personal Finance|April 2022
… and never agree to them keeping your ID or bank cards
- ANNE-CARIEN DU PLOOY
DON'T BE EXPLOITED BY UNSCRUPULOUS LENDERS

CAN A credit provider take a consumer’s ID or cards when granting credit? This is the modus operandi adopted by some credit providers to enforce credit agreements entered into with consumers.

However, in terms of the National Credit Act, it is illegal for credit providers to retain consumers’ instruments such as identity documents (IDs), and bank cards when granting credit, and all credit providers illegally in possession of consumers’ personal instruments need to return them to the rightful owners.

この蚘事は Personal Finance の April 2022 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

この蚘事は Personal Finance の April 2022 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

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