Loan and Order
South Africans are reducing their overdue debt, with the number of loans in arrears decreasing by 343,257 quarter-on-quarter to 17.6m in 2024 Q4. The proportion of loans in arrears declined to 34.7% from 35.5% in 2024 Q3, continuing a downward trend since Q1 2023.
For more insights on the impact of the economy on South African consumers, download the latest Eighty20 Credit Stress Report