South Africans debt levels continue to rise, with more people turning to debt counselling. DebtBusters Debt Index for Q4 2025 reveal that despite lower interest rates, vehicle and unsecured debt continue to exert significant pressure on finances.
The index released on Wednesday notes that there has been some positive development going into 2026 that boosted peoples financial confidence, but most people still rely on loans to make ends meet.
Benay Sager, executive head of DebtBusters, has attributed the continued reliance on loans due to increasing expenses that have significantly outpaced income growth through the past decade.
