South Africa’s second quarter of 2025 saw nearly 740,000 new to credit individuals enter the market, a 4.8% QoQ increase in new to credit. This equated to an increase in their total loan balances of 8.3% over the last quarter, with retail and unsecured debt remaining the most common entry points into the credit market.

For more insights on the impact of the economy on South African consumers, download the latest Eighty20 Credit Stress Report