Defaulting despite Wealth
This quarter saw particularly strong growth in the proportion of defaulters among the wealthy. The proportion of credit active consumers… Read More
Defaulting despite Wealth
Credit Stress Report
Return of Retail?
The number of retail accounts grew by 156,000 – the first QoQ growth in a year. This coincided with the… Read More
Indebted Adults, by Default
If the current growth in defaulters continues, in six years 100% of the credit active individuals between 18-24 could be… Read More
The cheque was in the mail….
The number of loans that defaulted in Q4 remained roughly the same as in Q3 (1.3M). However, the number of… Read More
Unpaid Debt
In 2020 the value of overdue balances increased by over R33bn (18% of total overdue). R10bn of this increase occurred… Read More
Growth, somewhere
The South African agricultural sector performed well during 2020 due to its essential service status and decent crop yields. This… Read More