Newsbreak - Lotus fmNewsbreak - Lotus fm

#PODCAST DebtBusters: South African high earners face debt crisis as unsecured borrowing outpaces income #sabcnews

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By Newsbreak Shanell Daniel - Consumers who applied for debt counseling in the fourth quarter of 2025 had unsustainablly high levels of unsecured debt, especially amongst top earners. That's according to Executive Head of DebtBusters, Benay Sager. He says unsecured debt for those earning more than R35,000 a month is 75% higher than in 2016, vastly out-pacing inflation and net-income growth. Sager explains unsecured debt and how it affects consumers...

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Newsbreak - Lotus fm

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