Defaults Rising
According to Eighty20’s latest Credit Stress Report, around 2.54% of total loan values (R2.4trn) went into default this quarter, which… Read More
Defaults Rising
Credit Stress Report
Life in Plastic
Eighty20 measures the Rate of New Defaults (RND), which is the proportion of current loan balances that went into default… Read More
Mortgage Misery
Individuals in the Heavy Hitters ENS segment experienced a steep 25% YoY increase in their average mortgage installments. This increase… Read More
Not so thin file
The fourth quarter of 2022 saw the largest number of new credit entrants (around 800,000) in more than two years…. Read More
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
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