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Did you know?
• 18 million South Africans are credit active with 64 million credit accounts, or around 3.5 accounts per credit active consumer.
• 45% of these accounts are delinquent
• At present indicators are that more than 160 000 cases of over-indebtedness have been registered with the NCR
• The cases of over-indebtedness are reported to be increasing by approximately 8000 per month
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