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Small loans have seen big growth, TransUnion CIBIL report reveals

Home loans in the affordable housing segment, below Rs 25 lakh, have slumped. In the quarter ended June 2023, credit card payment defaults increased. The approval rate for loans to new-to-credit consumers, whom lenders typically approach with caution, was lower.

Anand agrawalRajesh kumarManavjeet singhMarket indicatorLit deptHome loansConsumer loansNew to credit consumersCredit cardsRedit card approvalLoan approvalsLoan defaults

Garments accounts, brand-new expenditures drive SA young people s entry right into credit rating market

The nation saw greater than 800 000 customers get in the credit rating market for the very first

South africaDominican republicHong kongSouth africanGen zersEmpowering credit inclusionDeeper perspectiveNew to credit consumers

Clothing accounts, drive SA youth s entry into credit market

South Africa had a more than 8% increase in consumers who entered the credit market for the first time in 2022.

Dominican republicSouth africaHong kongSouth africanGen zersEmpowering credit inclusionDeeper perspectiveNew to credit consumers

Clothing accounts, new expenses drive SA youth s entry into credit market

The country saw more than 800 000 consumers enter the credit market for the first time in 2022.

South africaHong kongDominican republicSouth africanGen zersEmpowering credit inclusionDeeper perspectiveNew to credit consumers

New users better at managing credit – study

Are younger people better at managing their credit and debt than older generations? The answer may surprise you.

United statesSouth africaDominican republicHong kongSouth africanTransunion africaWeihan sunEmpowering credit inclusionDeeper perspectiveNew to credit consumersBaby boomers

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