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Press Release: Rising financial stress is behind the sharp increase in illegal lending in South Africa
PRESS RELEASE FOR IMMEDIATE RELEASE Rising financial stress is behind the sharp increase in illegal lending in South Africa ( Pretoria, South Africa, 08 April 2026 ) The Credit Association of South Africa (CASA) has signalled deep concern about the growing rise in illegal lending, warning that increasing financial pressure on consumers and tightening access to formal credit are driving more South Africans into the unregulated credit market. This warning follows the re

CASA
Apr 83 min read


Press Release: Consumers are paying the price as illegal lending continues to surge
PRESS RELEASE Consumers are paying the price as illegal lending continues to surge (Pretoria, 09 March 2026) – As financial pressure on households continues to rise, more South Africans are being pushed toward unregistered lenders who operate outside of the law and without consumer protections. The Credit Association of South Africa (CASA) is warning consumers that while regulated credit providers must comply with strict affordability assessments and pricing limits und

CASA
Mar 94 min read
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