Here’s how much credit-hungry consumers in South Africa owe on their homes and cars - BusinessTech

A new report shows notable increases in unsecured lending originations – which measure new accounts opened and is a function of both consumer demand and lender willingness to advance credit- indicating a renewed demand for credit by consumers.

Consumer credit reporting agency TransUnion has published the findings of its Q1 2022 South Africa Industry Insights Report showing that with rising stagflation risks on the horizon, characterised by… [+4814 chars]

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