Wealthy South Africans are falling behind on their home and car loans – here's what they are paying
Wealthy South Africans are falling behind on their home and car loans – here’s what they are paying Subscribe Credit bureau Experian has published new data showing how the pandemic and lockdown has impacted affluent South Africans. The group said that while the lockdown impacted poorer South Africans initially, its Consumer Default Index (CDI) shows that wealthier South Africans are no longer immune to financial struggles. The Experian Consumer Default Index (CDI) is designed to measure the rolling default behaviour of South African consumers with home loan, vehicle loan, personal loan, c...
Source: businesstech.co.za