Defaulting in Silence
Despite ~8.6m credit active people in default on one or more loans, with overdue balances totaling R194bn, there were only… Read More
Defaulting in Silence
Credit Stress Report
Standing Stronger
The percentage of people in credit default is down more than 8% YoY, reports the 2024 Q3 Credit Stress Report…. Read More
Loan and Behold!
Total loan balances have increased by 2% YoY, now at R2.47trn. Of this, 8% is overdue, totaling R194bn (+2.5% YoY… Read More
Charge it to the economy
The 2024 Q3 Credit Stress Report shows that there has been a significant growth in retail (+5% YoY) and credit… Read More
New Faces, New Debts
There are nearly 900,000 new entrants to the credit market this quarter, reports the 2024 Q3 Credit Stress Report. For… Read More
A Turnaround Tale
The number of loans in arrears decreased in 2023 Q4 to 18.6m (a 1.1% QoQ decline), according to the Eighty20… Read More