Credit held by consumers in the Gen X age group (those aged 39 to 54) may be disproportionately affected by the COVID-19 pandemic. The XDS credit data shows that Gen Xers represent more than 30% of credit active consumers in South Africa, but only make up 16% of the South African population as a whole. (XDS Credit Data, 2019 Q4)
Read more interesting information on COVID-19 and the consumer here.
Read more interesting information on the Eighty20 Credit Stress Report here.