Small Debt, Big Relief
There are around 10.3m South Africans in the debt relief segment, making up 57% of all consumers with unsecured debt. South Africans with a monthly income of below R7,500 and unsecured debt of less than R50,000 can apply for debt relief.
For more insights on the impact of the economy on South African consumers, download the latest Eighty20 Credit Stress Report