TransUnion’s SA Consumer Credit Index falls to lowest on record as individuals’ debt continues to deteriorate
Consumers are increasingly using credit and store cards to maintain their living standards despite interest rates being the highest since 2008, according to the latest SA Consumer Credit Index from credit bureau TransUnion.
The index fell to 39 — its lowest score on record — in the second quarter, a four-point decrease from the previous quarter and 10 points lower than a year earlier.... There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an
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