Showing posts with tag "transunion"

The property trend among South Africa’s middle class – despite economic pressure

The recent steep hike of 75 basis points in the South African Reserve Bank’s repurchase rate and subsequent rise in the prime lending rate to 9% is significant for consumers and the remainder of th...

September 21, 2022
tags
property

The most common fraud schemes targeting consumers in South Africa right now

More than half of South African consumers (56%) say they will not be able to pay at least one of their current bills and loans in the next three months, according to research conducted by TransUnio...

September 19, 2022
tags
business

More households dropping domestic workers

The latest data from the Old Mutual Savings and Investment Monitor survey (OMSIM) shows that more South African households are choosing to do without a domestic worker to save money each month.

September 21, 2022
tags
finance

This is the average credit card debt in South Africa

Consumer credit reporting agency, TransUnion’s latest industry insights reports indicate that the market remains in a mixed recovery growth phase with continuing economic pressures that may hinder ...

September 20, 2022
tags
banking

Here’s how much credit-hungry consumers in South Africa owe on their homes and cars

A new report shows notable increases in unsecured lending originations – which measure new accounts opened and is a function of both consumer demand and lender willingness to advance credit- indica...

September 24, 2022
tags
banking

Good news for new car buyers in South Africa

New data from consumer credit reporting agency TransUnion shows that it is cheaper to buy a new car in South Africa right now – despite a multitude of global and local factors placing pressure on t...

September 18, 2022
tags
motoring

South African consumers are in for a rough ride this year – as conditions are expected to get worse

The South African Reserve Bank’s Monetary Policy Committee last month hiked the repo rate by 50 basis points to 4.75% – its biggest margin in more than six years – in an effort to combat rising inf...

September 24, 2022
tags
business

Beware these online fraud schemes in South Africa

A survey conducted by consumer credit reporting agency TransUnion highlights the continued potential danger of becoming a potential target for online fraudsters.

September 17, 2022
tags
technology

South Africans are cutting back on these things to get through the month

The TransUnion Consumer Pulse study for Q1 2022 finds that the majority (80%) of consumers say they’re making changes to their purchasing behaviour because of rising inflation.

September 16, 2022
tags
business