According to a Debt Rescue study, only about 23% of South Africans have money left at the end of the month before their next payday.
The study finds that 86% of South Africans borrowed money in the year 2014. It also finds that South Africans between the ages of 31 and 45 collectively owe 53% of all outstanding debt in the country.
Salem Dyafta, Consumer Brand Manager at TransUnion, spoke to #NightTalk’s Gugs Mhlungu and Sizwe Dhlomo about the best practices for to manage their credit scores.