Fact-a-day archive

Down sizing

  • Fact: #

According to the NCR in 2008, R143 billion in mortgage credit was extended (48% of all credit extended in that… Read More

Bubble?

  • Fact: #

The total value of unsecured loans granted in 2008 was R30.3 billion; in 2011 this increased to R83.3 billion translating… Read More

Hashtag credit

  • Fact: #

American Express launched its Sync initiative in March 2012. Cardholders can link their credit cards to their Twitter accounts, to… Read More

Credit active

  • Fact: #

There were 67.51 million accounts listed on credit bureau databases as at the end of March 2012. This translates into… Read More

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