South Africans warned against borrowing money to gamble

iol.co.za · politics
Full story

The Credit Association of South Africa has issued a warning to consumers regarding gambling. They advise against using credit, household money, or borrowed funds for this purpose. Failing to make repayments can increase financial distress. Such missed payments can also damage a person's credit record.

The Credit Association of South Africa has warned consumers not to use credit, household money or borrowed funds to gamble, saying missed repayments could worsen financial distress and damage their credit records.

Read full article → Compare