South African consumers are stuck in an unsecured debt trap, while they had no real income increase since 2016 with 25% less take-home pay and spending 62% of their income on repaying their debts.
3 February 2022 South African consumers are stuck in an unsecured debt trap, while they had no real income increase since 2016 with 25% less take-home pay and spending 62% of their income on repaying their debts.
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