Boity Allegedly Faces a Financial Crisis Over Her R4.2 Million Centurion Home

Boity Allegedly Faces a Financial Crisis Over Her R4.2 Million Centurion Home

  • South African rapper Boity Thulo is apparently facing a financial crisis that could cause her to lose her R4.2 million home
  • It is reported that a company is after the rapper's Centurion mansion, after failing to pay the remainder of her loan
  • Boity Thulo has reportedly responded to the claim with shock, and Mzansi has also reacted to the news

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Boity owes money to a home loan company.
Boity could lose her R4.2 million Centurion Home. Image: BoityThulo
Source: Instagram

South African rapper Boity Thulo is reportedly on the brink of losing her Johannesburg mansion.

The Wuz Dat rapper reportedly owes money towards a loan she took out to pay for her R4.2 million home in Centurion.

Is Boity in financial ruin?

The rapper, who is fresh off a vacation in Dubai, is in the news for her finances. According to Daily Sun, Boity has been dragged to the Johannesburg High Court due to an outstanding amount on her home loan.

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According to the court papers seen by the news publication, Boity Thulo took a loan from Leemark Financial Services to purchase her property in Tshwane. Boity has reportedly made payments totalling R3.7 million for the home she bought on 5 August 2021.

Boity could lose her home.
Boity bought a R4.2 Million Centurion home, but it has landed her in trouble. Image: BoityThulo
Source: Instagram

Should the reality TV star fail to settle the R491,813, this could allegedly result in the company auctioning her home.

When the publication contacted Boity, she was allegedly shocked by this, saying the news ruined her day.

Check out the X post below:

Mzansi reacts to Boity's home drama

Below are some of the reactions from online users under Buzzlife's post on the matter.

@Zamie8909 asked:

"Why buying mansion when u can just buy a nice, small, comfortable home that will cost less and be easier to maintain?"

@getlikePosh defended Boity:

"They should give her some grace; she paid a lot so far, and obviously, it’s not like she wants to lose her home. This shouldn’t even be published."

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@wise30152072 argued:

"It’s Boity, she will pay it.

@RealMadamCoco stated:

"She’s travelling the globe, yet she ain’t paying off her house. If it’s true, then it’s WILD."

@TboozeSA shared:

"This looks more like a disagreement between her and her lender. Numbers suggest she can afford. There’s more to this story."

@Dashin57 stated:

"I hope she finds a way to pay off the balance. You can't lose a house after paying so much amount of money."

@Ketso28 advised:

"She must sell her bags, her shoes and downgrade her car. She can’t lose her home because of R400k after paying 3,7 million. I hope she finds a way out of this."

Boity send end of year message

In a previous report from Briefly News, South African rapper and traditional healer Boity has sent out a special message to people as the year ends.

Boity emphasised the importance of taking care of your nervous system and putting yourself first. Mzansi resonated with Boity's message, and many people lauded her for sharing the wisdom.

Source: Briefly News

Authors:
Jessica Gcaba avatar

Jessica Gcaba (Entertainment editor) Jessica Gcaba is an Entertainment Editor for Briefly News (joined in 2023). She is a Journalism graduate from the Durban University of Technology (2019). She has 6 years of experience as an Entertainment and Lifestyle Journalist, having worked at Africa New Media Group, writing for ZAlebs website. She passed a set of training from the Google News Initiative. To reach her, contact: jessica.gcaba@briefly.co.za

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