IOL | Surge in debt counselling demand highlights consumer financial struggles

The DebtBusters Q4 2024 Debt Index has revealed that demand for online debt management was up 9%, while debt counselling enquiries for the full year increased by 8%. This was against the backdrop of South African consumers finding relief in the second half of 2024 due to positive news about inflation, interest rates, and load-shedding, while access to retirement funds gave their finances an extra boost.

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