92% of mortgage credit granted in 2008 was to individuals with a gross income of more than R15,000 per month. (NCR’s Consumer Credit Report 2008 Q4)

This week’s theme: Credit in South Africa

Related facts:

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• Get a roof As at end December 2008 mortgages accounted for 46% of total...
• Skewed 71% of mortgages granted in the first quarter of 2011 were...
• Micro finance During the first three quarters of 2009 1.8 million short term...
• Home-a-loan There are 14.3 million households in SA. As at end March...