The CitizenReport reveals most respondents are financially confident and have fewer credit products
17% of the respondents reported that being able to access credit when they need it contributes to their confidence.
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The CitizenThe CitizenA good salary is not protection against debt, report highlights
The higher a person's income, the more credit they are offered.
The CitizenOutstanding loans surge to R2.7 trillion as South Africans open 875 000 loans in 3 months
The report examines consumer credit behaviour.
The CitizenYouth earning R10k per month rely on payday loans to survive in South Africa
'People are taking out payday loans because they are under pressure to manage existing credit.'
The CitizenUnderstanding good and bad credit
'The reality is that we're going to see people borrowing more.'
The CitizenHave a credit card with Standard Bank? Fraudsters may be after you
'In a limited number of cases, the affected information also includes credit card details, specifically card number and expiry date, but CVV numbers are not impacted.'
The CitizenGrowing debt book: The Foschini Group owed R9 billion by customers
TFG is known for offering young adults, including students, clothing accounts that allow them to buy items on credit.