Small Debt, Big Relief
There are around 10.3m South Africans in the debt relief segment, making up 57% of all consumers with unsecured debt…. Read More
Small Debt, Big Relief
Credit Stress Report
Plastic Predicament
Credit card debt (total balances) for the Mass Credit Market ENS segment has soared by around R2.5bn (a 23% YoY… Read More
Bad Timing?
Almost 200,000 people took out a mortgage in 2021 when interest rates were the lowest they had been in a… Read More
Boys and Their Toys
The ENS segment “Heavy Hitters” is the wealthiest segment, with seven sub-segments. The “Sisters Doing it For Themselves” sub-segment have… Read More
Default Bound
The two poorest segments, Mothers of the Nation and Hustling Males, have the highest percentage of their debt going into… Read More
The Stressed Middle
Average installment to income ratio for the Middle Class went from 60.8% to 66.0% (a YoY increase of nearly 9%)…. Read More