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Forbes Africa | South Africans turn to personal loans as debt strain deepens amid rising living costs

7 July 2025

Benay Sager, executive head of DebtBusters, says that although consumers might be feeling slightly more optimistic, many still rely on personal loans, particularly one-month loans, as a crucial financial lifeline due to incomes not keeping up with rising expenses.

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Forbes Africa | South Africans turn to personal loans as debt strain deepens amid rising living costs

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