Consumers buying homes and clothes on credit despite high interest rates
More consumers are also paying their credit card and vehicle loan debts as they prioritise access to liquidity and private mobility.
Source: citizen.co.za
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Resilient South Africans focus on asset-based loans, optimistic about income
Latest statistics from BankservAfrica and Transunion show that South Africans are earning more than a year ago, and are taking on more credit to match.
Source: dailymaverick.co.za
One in three South Africans cannot pay their bills - survey
High interest rates and high prices are eating away at consumers’ ability to pay their bills and put food on the table.
Source: citizen.co.za
Financial strain puts consumers on fast track to Debt Central
A study shows that between December 2018 and December 2022, 1.1 million consumers diversified their wallets by adding additional credit products.
Source: dailymaverick.co.za
Botswana Consumers Remain Optimistic…
But Financial Worries Shift Spending Habits
Source: weekendpost.co.bw