Report 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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17% of the respondents reported that being able to access credit when they need it contributes to their confidence.
The bank's defence comes as its financial disclosures reveal a deterioration in the credit quality of municipalities.
The higher a person's income, the more credit they are offered.
Lender's credit loss ratio increased to 95 basis points from 81 the previous year.
How people spend money is based on their personalities.
Should the alleged credit facility be confirmed, it would represent the latest significant funding intervention involving SAA.
The review of Johannesburg's credit rating was the result of a delay in producing audited financial statements.
Expected to create around 11 000 jobs by 2030 and generate more than R8bn in economic value for local communities.
'The first credit experience for many young consumers is becoming more controlled and more intentional.'
The report examines consumer credit behaviour.
Retailer says only personal information and limited credit card information were compromised.
'People are taking out payday loans because they are under pressure to manage existing credit.'
'The reality is that we're going to see people borrowing more.'
'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.'
Ratings agency Global Credit Rating last week adjusted Johannesburg's ratings outlook to negative due a lack of audited financial statements.
The Credit Stress report revealed that defaulting on loan repayments has grown significantly among senior citizens.
Full relief for inflation with small increase in medical tax credits
It is quite impossible to live without credit in today’s expensive world, but you should make smarter choices when opting for credit, an expert says.
Would you have thought a year ago that US tariffs would throw world trade into turmoil or that the rand would be so strong?
Everybody warned consumers about keeping Januworry in mind and now the dreaded month has arrived. Should you borrow money?
After years of structural issues, Edgars’ new strategy centres on smaller stores, improved margins and reduced credit exposure.
The experts are feeling more optimistic about South Africa after Standard & Poor Global decided to upgrade the country’s credit rating.
If there was ever a time to show off what South Africa can offer investors, it is this week with visitors from all over the world attending the G20 and B20.
All eyes were on Standard & Poor to see if the rating agency would change South Africa's credit rating to a more positive score.
Health Minister Aaron Motsoaledi has been vocal about wanting it phased out.
Consumers want to know if they will keep their medical tax credits and whether income tax brackets will be adjusted.
Although the minister of finance said in his budget speech that medical scheme tax credits will remain intact, it seems some have other plans
TFG is known for offering young adults, including students, clothing accounts that allow them to buy items on credit.
Although prices and everything else have gone up, salaries did not keep up and neither did the requirements to qualify for credit.