A House of Defaults

A House of Defaults

According to Eighty20’s latest Credit Stress Report, the Heavy Hitters ENS segment saw a YoY increase of 61% in the rate of new defaults (RND) for home loans for 2023 Q2. Currently, this segment holds more than 75% of all mortgages by value.

For more insights on the impact of the economy on South African consumers, download the latest Eighty20 Credit Stress Report

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