Index reveals SA consumer under stress

PUBLISHED: Thu, 12 Oct 2017 15:18:12 GMT
Share

According to the inaugural Experian Consumer Default Index, R13.4 billion in consumer debt value across home loan, vehicle loan, personal loan and credit card accounts defaulted for the first time between May and July this year.

Sign Up for Our Newsletter Daily Update
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.