Survey reveals South Africans are turning to mashonisas for survival
The number of people who rely on loan sharks has more than doubled from 15% in the 2025 survey.
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The number of people who rely on loan sharks has more than doubled from 15% in the 2025 survey.
The findings suggest there is little recovery among households - people are instead surviving by making adjustments.
The report examines consumer credit behaviour.
'People are taking out payday loans because they are under pressure to manage existing credit.'
The emotional toll of a breakup is already significant; financial consequences shouldn't add to that burden.
The bank claimed R108 000 from the homeowner, who argued he's already settled this, and more.
Middle-income earners feel the pressure of car loans the most.
Responsible borrowing isn’t about avoiding loans altogether, but taking what you know you can manage.