Is your personal loan interest rate within the legal limit?

Kaya Biz

GUEST – Benay Sager – Chairperson of the National Debt Counsellors’ Association
For many South Africans, credit is a lifeline — helping them manage everything from day-to-day expenses to big-ticket purchases. But with rising living costs, steady interest rates, and global uncertainty, understanding the real cost of borrowing has never been more important. While consumers may focus on getting approved for a loan, fewer take the time to understand how their interest rate is determined — and whether what they’re paying is actually within the legal limit. Kaya FM