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Home loan defaulters on the increase

WORRIED: Boga Chilinde Masebu

Local commercial banks have seen an upsurge in loan defaults including mortgages since the outbreak of COVID-19, which has resulted in some customers losing their properties to the banks. “As a result of the Covid-19 impact over the past 12-18 months, the bank has seen an increase in the number of consumers who have been […]

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