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
Bad Timing?
Credit Stress Report
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
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
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