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

Related facts:

• A third behind There were 16.9 million credit active consumers at the end of...
• Good on you In the quarter ending March 2009, 58% of credit-active consumers were...
• Three each There were 50.98 million accounts listed on credit bureaux databases as...
• Credit crunch? As at end March 2009, the credit bureaux held records for...
• Micro finance During the first three quarters of 2009 1.8 million short term...