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Thread: National Credit Regulator to assist the poor

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    Site Caretaker Dave A's Avatar
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    National Credit Regulator to assist the poor

    The National Credit Regulator has set up a fund to finance the cost of debt counselling for poor households with a monthly earning of les than R2500.00 per month.

    Under this arrangement, debt counsellors will be paid R500 from the fund for each case involving a low-income earner.
    The trouble with opportunity is it normally comes dressed up as work.

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    just me duncan drennan's Avatar
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    Who (or what activity) funds this fund?
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    Site Caretaker Dave A's Avatar
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    Apparently they've got R1 million so far, with a budget from gov of R5 million that they can tap into. But apparently they've been fundraising too.
    The trouble with opportunity is it normally comes dressed up as work.

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    Silver Member Eugene's Avatar
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    The full article can be found at: http://www.busrep.co.za/index.php?fr...icleId=4037709

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