2021 Concerns
Fact: #
The South African economy is expected to contract by almost 8% YoY. Real GDP growth forecasts for 2021 range from… Read More
Fact-A-Day Archive
The young and the defaulting
Fact: #
Quarter Four 2020 saw a 14% year on year increase in 18-24 year olds defaulting on their credit. All other… Read More
Get it on Credit
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As of 2020 Q4, 62% of credit account loans are in good standing compared to only 40% in Q3. However,… Read More
For Closure?
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2020 saw overdue balances on mortgages increase by 98%, from R6bn to R12bn. In contrast, the current loan balance only… Read More
Home Loans
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While most age groups showed a decline in the number of new home loans taken out during 2020, those aged… Read More
Hot Chocolate
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Most chocolate melts at 34℃, which means chocolate does not remain solid in hot countries. In 2012, Cadbury filed a… Read More