Personal loans increase over 70 percent in last 7 years
Personal loans have become a lifeline for more and South Africans over the last seven years.
Source: ecr.co.za
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When to save and when to invest
High cost of living, unemployment and debt are just some of the difficulties South Africans are facing that greatly impact their ability to save or invest.
Source: dailymaverick.co.za
3 out of 4 South Africans financially stressed, reveals Debt Busters report
The second annual Money-Stress Tracker found that 78% of the people surveyed feel stressed about their finances, with 94% saying this impacts their home life and 78% saying it affects their work life too.
Source: ewn.co.za
Expensive credit piles on pressure
We see consumers needing to use about 65% of their net income to service debt obligations: Benay Sager – head of Debt Busters.
Source: moneyweb.co.za
'SA not on the edge of the abyss' – Ninety One
Director says the country has come through Covid-19 better than expected, but things could get a lot tougher in the the year ahead.
Source: moneyweb.co.za