The age of debt
While the age at which the largest number of people have a Retail Account is 31, for Mortgages, it is… Read More
The age of debt
Credit Stress Report
It can be hard to recover
In 2021Q1, the current balance on loans increased by R4.5bn (half of what it was last quarter). The number of… Read More
Defaulting despite Wealth
This quarter saw particularly strong growth in the proportion of defaulters among the wealthy. The proportion of credit active consumers… Read More
Return of Retail?
The number of retail accounts grew by 156,000 – the first QoQ growth in a year. This coincided with the… Read More
Indebted Adults, by Default
If the current growth in defaulters continues, in six years 100% of the credit active individuals between 18-24 could be… Read More
The cheque was in the mail….
The number of loans that defaulted in Q4 remained roughly the same as in Q3 (1.3M). However, the number of… Read More