Shop ’til you drop
The majority of loan products taken out by women are unsecured, with almost 28 million loans falling into this category…. Read More
Shop ’til you drop
Debt Fears
So much overdue
In 2020Q2 consumers held 13.2m unsecured loans with a total current balance of R307bn and R93bn (30%) overdue. In contrast,… Read More
Debt Burden Per Person
As of 2020Q2, a total of 7.61m South African individuals were in possession of 13.29m unsecured loans that came to… Read More
Haunted by interest
The most common amount for a personal loan in South African is R16 600 and the most common repayment period… Read More
Growing Cost of Debt
In 2020Q2 the number of unsecured loans that were in arrears increased to 6.7m with 46% (3.1m) in 9+ months… Read More