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A financial intermediary is an institution that serves as a middleman between savers and borrowers. It facilitates the flow of funds from those who want to invest surplus money to those who need to borrow money for various purposes. Examples in South Africa include banks, insurance companies, and pension funds.
A practical guide to identifying and avoiding loan scams in South Africa, including the most common red flags, how to verify a lender, and what to do if you have been targeted.
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