Discussion | Cost-of-Living-Crisis | Credit crunch, workers caught in debt traps

Tuesday 13 August 2024 – 22:15pm

KEMPTON PARK – On average, middle income South Africans spend almost 80 percent of their salaries within a week.

READ: Household Affordability Index | High cost of living persists

Often, this leaves them with little choice but to turn to loans and credit.

ENCA finds out how bad the situation is from Annaline van der Poel from Debt rescue.