The report shows that there has been a growing demand for debt counselling as consumers struggle under increasing debt repayments and higher living costs.
Customers applying for debt review are spending an average of 65% of their net income on paying debt. Those taking home R20 000 or more per month put 70% of their income towards debt repayments. People earning less than R5 000 a month are spending 74% of their income on debt repayments before entering debt review.
He says an analysis of those under debt review shows that the share of vehicle debt as a percentage of total debt has increased in the past few years.
المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
مصدر: City_Press - 🏆 7. / 72 اقرأ أكثر »
مصدر: SABCNews - 🏆 37. / 51 اقرأ أكثر »
THE FINANCE GHOST: Of Apples and OraclesWarren Buffett has swept the board with concentrated bets on shares like Apple and Chevron. Should we lesser mortals follow suit? Asks FinanceGhost
مصدر: FinancialMail - 🏆 20. / 63 اقرأ أكثر »