Credit Stress Report 2022 Q4 is out
The Eighty20 / XDS Credit Stress Report highlights that while retail figures suggest some respite in the storm that has been battering South Africa recently, newly in default rates tell a very different story.
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The Eighty20 / XDS Credit Stress Report highlights that while retail figures suggest some respite in the storm that has been battering South Africa recently, newly in default rates tell a very different story.
The Eighty20 / XDS Credit Stress Report highlights the impact of economic forces on the South African consumer, with particular focus on consumer credit behaviour. In the 2022 Q3 report we see signs of rising credit stress among South Africa’s middle income consumers.
Eighty20 and XDS Credit Bureau have partnered to create a quarterly Credit Stress Report. This report highlights the impact of economic forces on the South African consumer, with particular focus on consumer credit behaviour.
All credit data in this report was sourced from the Eighty20 / XDS Online Credit Portal.
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On the positive side, South Africa has emerged from the third wave with more than a quarter of the 18+ population vaccinated, but consumers have been hit with significant petrol, electricity and food price increases that will have ramifications on the credit stress of most South Africans. Eighty20’s Credit Stress Report 2021 Q3 – compiled in collaboration with XDS – unpacks some of these developments
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As South Africa faces the prospect of a third wave, South Africans are still battling with debt pressure. Eighty20’s Credit Stress Report 2021 Q2 – compiled in collaboration with XDS – unpacks some of these developments
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In its Credit Stress Report for 2021 Q1, Eighty20, a consumer analytics and research consultancy, revealed an alarming trend in the rate of default on credit repayments amongst South Africa’s youth.
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