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Consumer credit market resilient, personal finances stabilise a little

Although the consumer credit market personal finances stabilised slightly in the fourth quarter, household finances remain under pressure.

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Resilient South Africans focus on asset-based loans, optimistic about income

Latest statistics from BankservAfrica and Transunion show that South Africans are earning more than a year ago, and are taking on more credit to match.

South africaSouth africansSouth africanElize krugerWeihan sunInprevious transunionShergeran naidooAfrican reserve bankBankservafrica take home pay indexSouth african reserve bankAfrica industry insights reportFirst time homebuyerBankservafrica car loans credit elize kruger home inflation interest rates neesa moodley salaries transunion

Surging consumer debt balances in South Africa despite economic headwinds

For young people to enter the radio industry they need to be given the opportunity to get behind a microphone.

South africaSouth africansSouth africanTransunion africaWeihan sunKwazulu natalAfrica industry insights reportReserve bankWestern capeNorth west

Challenging economy keeps debt balances up

Challenging economy keeps debt balances up
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SA consumers surviving on credit in cost-of-living crisis

Consumers are choosing to sign up for more debt as they try to increase their disposable income to afford the basics of everyday life.

South africaSouth africanWeihan sunTransunion africaAfrica industry insights reportGross domestic productConsumer price index

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