Fact-a-day

Single income, please

March 31st, 2008

48% of South African men agree with the statement ‘The man’s place is at work, the woman’s place is at home.’ 41% of women also agree. (AMPS2007B)

This week’s theme: Psychographics of South Africans

Three each

March 28th, 2008

There were 50.98 million accounts listed on credit bureaux databases as at the end of September 2007. This translated into an average of 3.02 accounts per credit active consumer. (NCR’s Credit Bureau Monitor 2007 Q3)

This week’s theme: Credit in South Africa

Income matters

March 27th, 2008

The lowest income category of credit active consumers (those earning up to R3500) had 46% of consumers in good standing (two or fewer months in arrears) as apposed to 76% in the income category earning more than R7500. (NCR’s Credit Bureau Monitor 2007 Q3)

This week’s theme: Credit in South Africa

A third behind

March 26th, 2008

There were 16.9 million credit active consumers at the end of September 2007. 47% were classified as current and 16% were one or two months in arrears. (NCR’s Credit Bureau Monitor 2007 Q3)

This week’s theme: Credit in South Africa

Half active

March 25th, 2008

As at the end of September 2007, credit bureaux held records of more than 32.5 million individuals on their databases of which 16.9 million (53%) were credit active.

This week’s theme: Credit in South Africa

Loan cycle

March 20th, 2008

21% of people with loans use the loan to pay off other debts. (30% use the loan for food.) (Finscope 2007)

This week’s theme: Highlights from Finscope 2007

How can we help you?

March 19th, 2008

20% of South Africans avoid banking machines such as ATMs as much as possible. 58% say would rather deal face-to-face with a person than with an electronic device, even if the device is quicker (Finscope 2007)

This week’s theme: Highlights from Finscope 2007

Run to the bank II

March 18th, 2008

39% of banked South Africans withdraw their cash as soon as they receive it. (Finscope 2007)

This week’s theme: Highlights from Finscope 2007

Run to the bank

March 17th, 2008

60% of South African adults had a bank account in 2007, up from 51% in 2006, and 47% in 2005. (Finscope 2007, Finscope 2006, Finscope 2005)

This week’s theme: Highlights from Finscope 2007

Rich man, poor man

March 14th, 2008

The top 10% of households earn more than 50% of all household income. The poorest 40% accounts for less than 7% of household income, with the poorest 20% accounting for less than 1.5% (based on income from work and social grants). (StatsSA, Income and Expenditure Survey 2005/6)

This week’s theme: Income and expenditure in South Africa