It’s illegal, but the mashonisas keep documents and bank cards.
Thirty-three-year-old East London resident Nomfundiso* will not be voting on Wednesday. Not because she doesn’t want to, but because a loan shark has her ID.earlier this month National Credit Regulator CEO Nomsa Motshegare reminded voters to collect their identity documents from credit providers. She explained that the National Credit Act makes it is a criminal offence for credit providers to retain identity documents, bank and SASSA cards as a way to enforce credit agreements.
“We all know that if you want money from the mashonisa, you must leave your ID, SASSA or bank card, including the pin. Your card will be put inside your ID with a small paper on which is written your pin,” said Nomfundiso. Sindi said she arrived in East London five years ago from Cape Town. She had first lent money to a neighbour who had spent all his money in a shebeen and had no money for transport to work on a Monday. “I took the opportunity, I gave him R300 and İ told him the interest was 30% a week,” she said.
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