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🎙️ “South Africa is experiencing a lending boom in an economy that’s barely growing and we need to talk about what that really means.” Gary Palmer, CEO of Paragon Finance In a powerful interview with DJ Fresh on Mix FM, Gary Palmer unpacks one of the biggest contradictions in our financial landscape: Record growth in bank and private credit lending VS An economy growing at less than 1% Gary breaks this down: • Why credit is surging despite sluggish GDP • How fintech, private credit and alternative lenders are reshaping the market • The rising risk of opaque lending models and borrower confusion • Parallels between the US private credit market and South Africa • Why transparency and responsible lending matter now more than ever If you want to understand the Credit Paradox and what it means for SMEs, borrowers, lenders, and the broader economy, this conversation is essential listening. Listen to the interview here and hear Gary’s full insights on what’s driving the lending boom, where the risks lie, and how South Africa can navigate this shifting financial landscape wisely.