More South Africans are falling behind on their car loan repayments.
This is according to the latest Experian Consumer Default Index (CDI).
The deterioration is evident when looking at annual, and monthly figures.
In March 2018, 3.55% of South Africans with car loans defaulted, up from 2.95% in March 2017.
The default rate has deteriorated for six months in a row.
There was a 0.28% year-on-year decline in total credit defaults, despite the increase in defaults on car loan repayments.
The Money Show’s Bruce Whitfield interviews Suvasha Kander, a Fund Manager at Ashburton.
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Bruce Whitfield interviews Prof Lorenzo Fioramonti (UP) about his attitude toward money (hopes, fears, successes, failures, etc.).
Is the money you have in the bank right now enough to cover all the assets in your home? FNB expert Eunice Sibiya talks all things insurance.
Debtors Anonymous was set up to support people who are having difficulties around money.
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MEC for Transport Ismail Vadi says the feasibility study has been submitted to Treasury for consideration and formal approval.
Dukwana accuses Magasshule of taking him to Saxonwold and asking him to sign a project over to the Guptas for R2 million a month.
Judge Mandela Makaula has dismissed the defence application saying it has no merit.
City of Johannesburg Executive Mayor Herman Mashaba says criminals cannot be allowed to threaten service delivery in the city.
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