Seventy-five percent of the average South African’s salary goes towards paying off debt.
That’s because the high interest rates from last year, have taken a toll.
This week the Reserve Bank Governor announced that the repo rate would remain the same.
CEO of Debt Rescue, Neil Roets speaks to the eNCA about this.
Follow the link to watch the full article: https://www.enca.com/top-stories-videos/most-south-africans-working-pay-debts