Prime Loans calls for lending reforms ahead of medium-term budget statement [SOUND]

# Credit provider Prime Loans urges the government to reform short-term lending rules to improve access to safe, regulated credit and protect financially vulnerable consumers from illegal lenders. The company says outdated pricing rules, which have not been substantially revised since 2015, are making it harder for lenders to serve higher-risk customers. Prime Loans’ Nita Morgan urges Finance minister Enoch Godongwana to prioritise lending reforms ahead of Wednesday’s medium-term budget policy statement: