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Emerald van Zyl WesBank was accused of overcharging black clients – We get an update
M4A•Maison d'episode
Manage episode 454871946 series 2915042
Contenu fourni par Kaya 959. Tout le contenu du podcast, y compris les épisodes, les graphiques et les descriptions de podcast, est téléchargé et fourni directement par Kaya 959 ou son partenaire de plateforme de podcast. Si vous pensez que quelqu'un utilise votre œuvre protégée sans votre autorisation, vous pouvez suivre le processus décrit ici https://fr.player.fm/legal.
.GUEST – Lebo Gaoaketse – Head of Marketing and Comms, WesBank
WesBank, one of South Africa's leading vehicle finance institutions, has come under scrutiny following allegations that it systematically overcharged black clients compared to white clients. According to a whistleblower and financial investigator Emerald van Zyl, black clients were charged interest rates as high as 18%, while white clients paid rates as low as 10%. These allegations suggest racial bias in how interest rates were determined, bypassing credit scores in favor of other "risk factors" that disproportionately affected black clients. Kaya FM
…
continue reading
WesBank, one of South Africa's leading vehicle finance institutions, has come under scrutiny following allegations that it systematically overcharged black clients compared to white clients. According to a whistleblower and financial investigator Emerald van Zyl, black clients were charged interest rates as high as 18%, while white clients paid rates as low as 10%. These allegations suggest racial bias in how interest rates were determined, bypassing credit scores in favor of other "risk factors" that disproportionately affected black clients. Kaya FM
177 episodes
M4A•Maison d'episode
Manage episode 454871946 series 2915042
Contenu fourni par Kaya 959. Tout le contenu du podcast, y compris les épisodes, les graphiques et les descriptions de podcast, est téléchargé et fourni directement par Kaya 959 ou son partenaire de plateforme de podcast. Si vous pensez que quelqu'un utilise votre œuvre protégée sans votre autorisation, vous pouvez suivre le processus décrit ici https://fr.player.fm/legal.
.GUEST – Lebo Gaoaketse – Head of Marketing and Comms, WesBank
WesBank, one of South Africa's leading vehicle finance institutions, has come under scrutiny following allegations that it systematically overcharged black clients compared to white clients. According to a whistleblower and financial investigator Emerald van Zyl, black clients were charged interest rates as high as 18%, while white clients paid rates as low as 10%. These allegations suggest racial bias in how interest rates were determined, bypassing credit scores in favor of other "risk factors" that disproportionately affected black clients. Kaya FM
…
continue reading
WesBank, one of South Africa's leading vehicle finance institutions, has come under scrutiny following allegations that it systematically overcharged black clients compared to white clients. According to a whistleblower and financial investigator Emerald van Zyl, black clients were charged interest rates as high as 18%, while white clients paid rates as low as 10%. These allegations suggest racial bias in how interest rates were determined, bypassing credit scores in favor of other "risk factors" that disproportionately affected black clients. Kaya FM
177 episodes
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