Standard Bank issues warning about lender with no NCR registration

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Standard Bank issues warning about lender with no NCR registration
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Direct Access Finance claims make it look to be associated with Standard Bank but the bank says it's not associated with the unregistered lender at all.

Direct Access Finance is using the NCR Registration number of Standard Bank subsidiary Blue Granite Investments No 2 but reportedly isn’t associated with that entity.Times are tough and in those times folks may turn to loans to plug the gap between pay cheques. Unfortunately, there are some less than savoury individuals who look to take advantage of people’s desperation.

In addition to the address, Direct Access Finance appears to be using the National Credit Regulator Registration number associated withWhen searching for Direct Access Finance on the NCR’s website, the regulator reports that the entity is not registered with it.“Standard Bank has reported the matter to the relevant regulators, and we are pursuing measures for this illegal website to be taken down.

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