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Loan defaults have decreased for young South Africans but that access is still a hurdle

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Manage episode 427498324 series 2825639
Content provided by SAfm. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by SAfm or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The latest Consumer Default Index report from Experian has put the spotlight on the financial health of young consumers. The report has revealed that loan defaults have decreased for young South Africans but that access is still a hurdle. Jaco van Jaarsveldt, Experian's Head of Commercial Strategy and Innovation says this positive trend doesn't necessarily mean their finances have drastically improved. According to the CDIx report this highlights the need for both increased access to responsible credit and enhanced financial literacy.

  continue reading

2193 episodes

Artwork
iconShare
 
Manage episode 427498324 series 2825639
Content provided by SAfm. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by SAfm or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The latest Consumer Default Index report from Experian has put the spotlight on the financial health of young consumers. The report has revealed that loan defaults have decreased for young South Africans but that access is still a hurdle. Jaco van Jaarsveldt, Experian's Head of Commercial Strategy and Innovation says this positive trend doesn't necessarily mean their finances have drastically improved. According to the CDIx report this highlights the need for both increased access to responsible credit and enhanced financial literacy.

  continue reading

2193 episodes

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