defaulter

Missed home loan repayments rise on average by more than 10% in the December period, according to FNB Home Loans. "We find that customers don't intentionally use their bond money, however early salary payments and overspending quickly puts consumers into a position where they aren't able to meet their debt responsibilities at the end of the month," says Calvin Ndlovu, head of operations at FNB Home Loans. Around 30% of FNB Home Loan customers are paid early in December. In order to help … [Read more...] about Approximately 80% of December bond defaulters will also miss January payments