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National Consumer Tribunal Cancels Registration Of Big 5 Finance (Pty) Ltd
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National Consumer Tribunal Cancels Registration Of Big 5 Finance (Pty) Ltd
Johannesburg – The National Consumer Tribunal (NCT) has cancelled the registration of Big 5 Finance (Pty) Ltd with immediate effect and imposed an administrative fine of R300 000 payable within 15 business days from the ruling. The move came after Big 5, which operates in Pietermaritzburg, KwaZulu-Natal, was probed by the National Credit Regulator (NCR) and found to be in breach of the National Credit Act (NCA). “The NCR’s investigations into Bi…
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