The notorious practice by banks of repossessing, auctioning and defaulting consumers’ homes at a fraction of their market value has generated much concern. Now consumers are fighting back through a class action against SA’s major banks. Find out why these banks stand accused of profiting from the blood and sweat of defaulting consumers in this episode of Yilungelo Lakho on SABC 1 Mzansi Fo Sho, from 13h30 to 14h30 on Fridays.
Watch Yilungelo Lakho every Friday at 13:30 on SABC 1. Catch the programme again on Mondays at 09:30 on SABC 1.
Yilungelo Lakho an interactive live show, aims at informing and educating consumers on their rights. Every Friday we focus on a particular topic for the entire hour – kicking off with an insert which serves as a background/scene setter, after which our studio guests/experts or commentators analyse the issue. Telephone lines are open during the whole show for viewers to participate.