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Daily Maverick | SA cost of living crisis pushes cash-strapped consumers deeper into debt trap

The DebtBusters’ Q4 2023 Debt Index shows that the average interest rate for a home loan climbed from 8.3% a year in the fourth quarter of 2020 to 12.3% three years later.

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Daily Maverick | SA cost of living crisis pushes cash-strapped consumers deeper into debt trap

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