Silver Spenders

Silver Spenders

According to the Eighty20/XDS 2023Q4 Credit Stress Report, Comfortable Retirees took out 32,344 new retail loans in 2023Q4, a 32% increase from 2023Q3. This increase was the main driver in the segment’s 13% QoQ growth in the total number of new 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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