Guiding consumers since 2009

Demand for credit on the rise

By Staff Writer

Demand for credit on the rise

From Fin24

Growth in demand for credit by South Africa's private sector quickened to 20.28% year-on-year in June from 19.74% in May, central bank data showed on Tuesday.

Justmoney.co.za says:

It may not seem like it in these over indebted times, but people actually want more credit. So if you really feel the need, make sure you get the best buy out there. Compare credit cards, open savings accounts, take out a personal loan, consolidate your debt, release equity from your house. Whatever it is that you do, consider all the options and seek professional advice if you are not sure.

 

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