What South Africans owe on their cars, homes, and clothing accounts
Most of us owe an amount of money on something - big or small. Question is: Does Martin Bester owe anybody money?
Do you know how much you owe on your car, house, or clothing account?
Let's be honest, paying for certain accounts can be a burden - it just never stops!
Credit reporting agency Transunion published a new credit report on how much South Africans owe on their car, house, and clothing accounts.
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Business Tech shared the average amount that South Africans owe.
The average South African owes about R180,962 on their car, R488,931 on their home loan, and about R2,087 on their clothing account.
Liesl Laurie admitted she does not have any debt because of mistakes previous generations made. She has no clothing accounts or car loans.
Martin Bester agreed by saying he closed all his clothing accounts.
Are you shocked by the amounts we as South Africans owe?
Let Martin Bester know!