A Debt Rescue survey indicates that 94% of South African households are under severe financial pressure, forcing many to cut back or cancel holiday celebrations
A survey conducted by Debt Rescue reveals that 94% of South African households are under severe financial pressure, compelling many to reduce or forgo their holiday celebrations altogether. A survey was conducted to determine the reality of consumer finances at this time of the year, which is traditionally known for increased spending and gift-giving, said Debt Rescue’s […]
Annaline van der Poel says 39% of people in South Africa claim they cannot afford to celebrate the festive season
A new survey from Debt Rescue shows that the vast majority of South Africans are under severe financial pressure. The survey aims to determine the current state of consumer finances at this time of year, which is traditionally associated with gift-giving. It found that ninety-four percent of respondents reported experiencing severe financial pressure during the busy holiday […]
Annaline van der Poel, the chief legal officer of Debt Rescue, comments on a survey showing extreme financial pressure on South African households, with many unable to afford festive season celebrations
With Christmas only three days away, a new Debt Rescue survey indicates that most South African households are under extreme financial pressure, prompting many families to cut back on or cancel holiday celebrations entirely. Debt Rescue’s Chief Legal Officer, Annaline van der Poel, says that for the average consumer, this has not been an easy […]
Not much ho-ho-ho for most
IMPACT: 65% had to drastically change festive plans due to high cost of living There will again not be all that much ho-ho-ho for South African consumers as about 94% of survey participants indicate they enter the peak festive season under severe financial pressure. Statistics from a recent Debt Rescue survey paint a grim picture […]
Survey shows most SA households are under extreme financial pressure
With Christmas only three days away, a new Debt Rescue survey indicates that the vast majority of South African households are under extreme financial pressure, prompting many families to cut back or cancel their holiday celebrations entirely. According to the survey, 94% of respondents said that they were under severe financial pressure during the busy holiday season. […]
Majority of South African households under financial strain during festive season: survey
The vast majority of South African households are under extreme financial pressure, prompting many families to cut back or cancel their holiday celebrations during the Christmas season, the South African Broadcasting Corporation reported Monday, citing a survey released by Debt Rescue, the country’s leading debt counselling company. It said that 94 percent of respondents reported […]
Rising living expenses and inflation are placing South African consumers under pressure
Annaline van der Poel is a debt counsellor at Debt Rescue in South Africa who discussed the financial pressures faced by consumers due to rising living expenses and inflation.