loan agreement is a document in which a lender sets out the terms and conditions under which it is pr epared to make a loan available to a borr ower. The main purpose of the loan agreement is to define what the parties involved are agreeing to, what responsibilities each party has and for how Read more about ESSENTIAL TERMS AND CONDITIONS OF A LOAN AGREEMENT[…]
Your offer to purchase your dream house has been accepted – you just need approval on your bond application; You’ve test driven your dream car; you’ve signed on the dotted line – and all you need is approval for your loan; You’ve decided to splash out and buy the dining room suite you’ve always wanted Read more about Planning a big-ticket purchase? Check your credit status first.[…]
Financial stress is one of the most common challenges many of us face at times without even realising it. The continuous worry about your finances, the inability to pay your bills, living from pay check to pay check and incurring a lot of debt in the process are some of the hardships many go through. Read more about FINANCIAL STRESS MANAGEMENT[…]
Namibia Financial Institutions Supervisory Authority (“NAMFISA”) is the designated Anti-Money Laundering (“AML”), Combatting Financing of Terrorism (“CFT”) and Combatting Proliferation Financing (“CPF”) supervisory body (Authority) for accountable institutions (“AIs”) and reporting institutions (“RIs”) under its jurisdiction in terms of sec 35 of the Financial Intelligence Act, No. 13 of 2012 (“FIA”) read with the NAMFISA Read more about WHY ARE FINANCIAL INSTITUTIONS SO INSISTENT ON KYC AND AML/CFT/ CPF COMPLIANCE?[…]