“A mashonisa is a quick option when you need money urgently and they give you your money as cash. As long you give them what they want, they do not have a problem giving you money.Nomfundiso also blames the government for not creating jobs for young people.
Sindi said she arrived in East London five years ago from Cape Town. She had first lent money to a neighbour who had spent all his money in a shebeen and had no money for transport to work on a Monday. “I took the opportunity, I gave him R300 and I told him the interest was 30% a week,” she said. Asked why she was taking IDs and bank cards, she said it was for security. “When someone wants money from you, they beg and make all sort of promises - but when it is payback time, they run away. I got tired of running after people or begging for my money. I told them if you want money, then bring your ID and Sassa or bank card. Then you write down your PIN and tell me when you get paid,” she said.
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A loan shark has her ID, so she can’t vote todayThirty-three-year-old East London resident Nomfundiso* will not be voting on Wednesday. Not because she doesn’t want to, but because a loan shark has her ID. We warned the electoral commission, half of South African IDs are being held na bomashonisa She can go n make a temporary Id, home affairs closes at 21:00 today, well, that’s if she really wanna vote, in fact u guys r supposed to help her get that temporary Id She must pay the money and go vote now she is making her problem our problem
Source: TimesLIVE - 🏆 28. / 59 Read more »
It's illegal for lenders to take your ID and Sassa cards, regulator warnsThe National Credit Regulator has warned that lenders demanding IDs or cards as security for a loan are 'usually' engaging in reckless lending and overcharging.
Source: SowetanLIVE - 🏆 13. / 63 Read more »
A loan shark has her ID, so she can’t vote todayThirty-three-year-old East London resident Nomfundiso* will not be voting on Wednesday. Not because she doesn’t want to, but because a loan shark has her ID. We warned the electoral commission, half of South African IDs are being held na bomashonisa She can go n make a temporary Id, home affairs closes at 21:00 today, well, that’s if she really wanna vote, in fact u guys r supposed to help her get that temporary Id She must pay the money and go vote now she is making her problem our problem
Source: TimesLIVE - 🏆 28. / 59 Read more »