Welcome to another enlightening episode of Making Cents, our financial education feature brought to you by our financially-savvy friends at Ubank.
Stats SA recently announced that the country is in a recession following the shrinking of the economy by 1.4% in the last quarter of 2019.
With South Africans already struggling to make ends meet, more people face the risk of falling behind on their financial obligations ultimately putting their financial health at risk.
While it is your responsibility to keep up with instalments of any credit agreement you may have, just how protected are you against unjust credit lenders?
What are your rights that protect you from unlawful debit orders and negative listing?
In keeping with the human rights month theme, financial expert Kagisho Mahura is on standby to help us understand our rights when it comes to matters of finance especially around processes and procedures of debt collection.
You can also join the conversation by sending a Voice Note to 072 360 5392 with any question you may have on understanding and exercising your financial rights.
You can also tag us on @MetroFMSA using the hashtag #KingsSuite during the show. Ubank is available on Twitter and Facebook @ubankSA, if you’d like to continue the conversation beyond this feature use the #MyFinancialRights