Credit balances reach record highs for strained consumers
South Africans grappling with mounting financial pressure as high-interest rates take their toll.
National Credit Regulator calls for more responsible usage of credit
The National Credit Regulator has urged consumers to take into consideration the rising cost of
Some consumers expected to experience financial strain following latest interest hike: NCR
The National Credit Regulator says some consumers could experience financial strain due to the
‘South Africans spend 63% of their income to service debt’
South Africa is heading towards a debt bubble with many consumers spending most of their disposable
40% of credit active South Africans affected with bad debt: Report
A report by the National Credit Regulator tabled in Parliament shows that 40% of credit active South
NCR urges consumers to spend responsibly during festive season
During the festive season, many consumers tend to overspend and find themselves in trouble in the
‘Consumer spending subdued’
Consumer spending has been subdued on the back of weak economic growth, while motorists are expected
SA consumers taking up less debt
The number of South African consumers taking up debt has decreased. According to Stats SA, civil
Businesses boom as shoppers flock to malls ahead for shopping
Packed parking lots, long snaking queues and jubilant shoppers are features at this time of the year