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Friends fall out over loan as one asks 'are you a registered credit provider and did you do a credit assessment?' - Vimarsana News

Friends fall out over loan as one asks 'are you a registered credit provider and did you do a credit assessment?'

A man who lent his friend R2.5m in 2015 found out the hard way he is unable to enforce repayment as he is not registered in terms of the National Credit Act.