Amidst rising living costs and an increase in decline rates from formal lenders, many consumers are being forced into accessing high-cost credit from unregulated lenders. Due to increased compliance requirements and a reduced appetite for risk among formal credit providers, loan decline rates in the formal lending industry have risen significantly. According to MicroFinance South Africa, this trend highlights the urgent need for more inclusive financial services. 

<p>Amidst rising living costs and an increase in decline rates from formal lenders, many consumers are being forced into accessing high-cost credit from unregulated lenders. Due to increased compliance requirements and a reduced appetite for risk among formal credit providers, loan decline rates in the formal lending industry have risen significantly. According to MicroFinance South Africa, this trend highlights the urgent need for more inclusive financial services. </p>

Current Affairs programme which provides listeners with the latest local and International news hosted by Elvis Preslin. Tune in 104-107 every Saturday and Sunday morning from 6 to 7 am

Current Affairs programme which provides listeners with the latest local and International news hosted by Elvis Preslin.

The Weekend View

This programme provides listeners with local and international news on Saturday and Sunday, hosted by Sebenzile Nkambule and Bongiwe Zwane. Listen to SAfm 104-107 Saturdays and Sundays from 6 to 7 a.m.

<p>This programme provides listeners with local and international news on Saturday and Sunday, hosted by Sebenzile Nkambule and Bongiwe Zwane. Listen to SAfm 104-107 Saturdays and Sundays from 6 to 7 a.m.</p>

Amidst rising living costs and an increase in decline rates from formal lenders, many consumers are being forced into accessing high-cost credit from unregulated lenders

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