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Loan sharks force elderly woman to hand over bank card for food money
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Loan sharks force elderly woman to hand over bank card for food money
By Anita Dangazele The 73-year-old woman from Gqeberha supports four grandchildren and three unemployed adult children using only social grants and borrowed money. Black Sash research shows unregistered lenders target grant recipients with illegal interest rates of between 30% and 100% per month. A 73-year-old woman from Gqeberha says she has no choice but to borrow money from loan sharks to feed her family. She lives with four grandchildren a…
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