Study: over a third of people’s take-home pay goes to servicing debt

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Study: over a third of people’s take-home pay goes to servicing debt


The rising cost of living is seeing more South Africans run out of money before their next payday.

Fintech startup Paycurve is now warning that eight out of ten South Africans supplement their income with unsecured debt, with payday loans on the rise.

Another survey by DebtBusters Debt Index reveals that over a third of people’s take-home…

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