Standing Stronger

Standing Stronger

The percentage of people in credit default is down more than 8% YoY, reports the 2024 Q3 Credit Stress Report. Notably, the proportion of loans in good standing (64.5%) was higher this quarter than in 2020 Q1 (62.0%), before Covid-19.

For more insights on the impact of economic forces on the South African consumer, download the latest Eighty20 Credit Stress Report

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