Not-So-Golden Years
The ENS segment Comfortable Retirees’ overdue balances have climbed more than R7bn since Q4 2022 to R22.3bn, outpacing the broader credit market and now representing 10% of their total outstanding debt, versus 8.4% for the market overall.
For more insights on the impact of the economy on South African consumers, download the latest Eighty20 Credit Stress Report