CDI indicates stabilisation of debt management

JOHANNESBURG - New data from Experian reveals a slight year-on-year improvement in the Consumer Default Index for the first time in nearly two years.

The index tracks default behaviour of South African consumers across various loan types.

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This recent improvement indicates a potential stabilisation in consumer debt management, signalling a positive shift in financial habits among borrowers.

The Head of Commercial Strategy & Innovation at Experian, Jaco van Jaarsveldt discussed this with eNCA.