A Turnaround Tale

A Turnaround Tale

The number of loans in arrears decreased in 2023 Q4 to 18.6m (a 1.1% QoQ decline), according to the Eighty20 Credit Stress Report, following another slight decline in Q3. This continued downward trend has brought the proportion of loans in arrears close to the lowest recoded percentage since 2018 Q3.

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

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