Tag: Debt Rescue
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Debt spiral warning for consumers in South Africa
The most recent Eighty20/XDS Credit Stress Report for the fourth quarter of 2022 shows an increasing appetite for credit among South Africans, with more than 800,000 new entrants to the credit market over the period. However, this has been accompanied by a rapidly growing number of loans, especially credit card, VAF and home loans, which…
Global Courant 