News24 | Many South Africans are drowning in debt - often due to a bad move in their twenties

Debt burdens are still worryingly high: those earning R35,000 or more per month need an unsustainable 74% of their income to repay debts, for example. The car loans that people commit to in their twenties have a significant impact on their financial health in their thirties, said DebtBusters' Head, Benay Sager.

Read the full article.