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
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Average installment to income ratio for the Middle Class went from 60.8% to 66.0% (a YoY increase of nearly 9%)…. Read More
With the Prime Lending Rate 3.25% higher than this time last year, someone with a R1.5m home loan (which will… Read More
59% of credit active individuals between the ages of 18 and 24 had loans in default in the second quarter… Read More
Despite the hike in the interest rates, high unemployment and sustained economic pressure, the number of loans in arrears declined… Read More
In 2022 South Africa has experienced multiple economic blows – floods in KwaZulu-Natal, rising interest rates and inflation, power shortages,… Read More