Tribunal rules in ‘reckless lending’ case against Direct Axis, FirstRand Bank and Sanlam Personal Loans
Summit claims ‘routine’ abuse of the exception to the Minimum Expense Norms table when assessing whether consumers can afford credit.
Summit Financial Partners
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‘Consumer champion’ Clark Gardner fined for breaching NCA
The National Consumer Tribunal (NCT) has fined Clark Gardner, the chief executive of Summit Financial Partners, R500 000 after finding him guilty of contravening the National Credit Act (NCA). Gardner has something of […]
