Appetite for Credit

Appetite for Credit

According to Eighty20’s latest Credit Stress Report, around 5.76m new loans have entered the system in the second quarter of 2023, while 5.45m have been paid off. This has resulted in a net increase of around 303,000 loans. 2023 Q1 saw a net decrease of about 45,000 loans.

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

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