Gen Z may be the key to fixing SA’s debt crisis
While Millennials and Gen X buckle under rising debt, Gen Z’s openness to credit education and digital tools offers hope for reversing South Africa’s deepening financial crisis.
#GenZ
Personal loan surge: originations up 16.7% as lenders balance risk and demand
With credit card originations growing by 9.3% and Gen Z leading the charge, 38% of new credit cards were issued to first-time cardholders – the highest proportion since early 2020.
