The Rise of The Mortgage
With the Prime Lending Rate 3.25% higher than this time last year, someone with a R1.5m home loan (which will… Read More
The Rise of The Mortgage
Credit Stress Report
Mis-spent Youth
59% of credit active individuals between the ages of 18 and 24 had loans in default in the second quarter… Read More
By default
Despite the hike in the interest rates, high unemployment and sustained economic pressure, the number of loans in arrears declined… Read More
It got worse before it got better
In 2022 South Africa has experienced multiple economic blows – floods in KwaZulu-Natal, rising interest rates and inflation, power shortages,… Read More
Insecure and unsecured
In the second quarter of 2022, almost 210,000 South African consumers who earned below R7,500 per month did not qualify… Read More