Credit active
Of the approximately 20 million credit active consumers in South Africa in December 2012, just 38% were current. 15% were 1-2 months in arrears, 20% were 3 months or more in arrears, 13% had an adverse listing and the remaining 14% had a judgement or administrative order against them. (NCR’s Credit Bureau Monitor 2012 Q4)
This week’s theme: Credit in South Africa
Charles Russell