×

We've got news for you.

Register on TimesLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

IN YOUR CORNER

WENDY KNOWLER | Initiation fees are all the rage — everyone’s doing it. Must you too?

Banks say initiation fees are the law, but the National Credit Act actually states banks ‘may’ charge an initiation fee

13 February 2022 - 16:19

As grudge payments go, admin fees are right up there...

This article is reserved for Sunday Times subscribers.

A subscription gives you full digital access to all Sunday Times content.

Already subscribed? Simply sign in below.

Registered on the BusinessLIVE, Business Day or Financial Mail websites? Sign in with the same details.



Questions or problems? Email helpdesk@timeslive.co.za or call 0860 52 52 00.