Severe financial strain causes households to default on loans скачать в хорошем качестве

Severe financial strain causes households to default on loans

South Africa's middle class and higher class is under severe financial strain. According to the Experian Consumer Default Index (CDIx), mid-to-high-income households are increasingly defaulting on their loans. Home loans defaults have increased significantly over the past 18 months. It further indicates that he most affluent segment of the market continues to struggle to repay their debts and are increasingly relying on credit cards to make ends meet. Experian Africa's Head of Commercial Strategy, Jaco van Jaarsveldt now joins us virtual to elaborate further on his matter For more news, visit sabcnews.com and #SABCNews on all Social Media platforms.