NCR embarks on the 'Spend Wisely, Borrow Wisely' campaign

Andiswa Mkosi
28 November 2012

The National Credit Regulator has embarked on the "Spend Wisely, Borrow Wisely" campaign and is urging consumers to think twice before spending on gifts and holidays, they cannot afford.

The NCR says, with only a few weeks left before the end of year bonus pay outs, some consumers are already drawing up long shopping lists before the money is even in their bank accounts.

Spokesperson for the NCR, Lebogang Selibi says: it is important to spend wisely during this festive season.

He added it will affect your expenses and your budget within the new  year.