According to the National Credit Regulator’s (NCR) Credit Bureau Monitor for March 2023, South Africa currently has 27.07 million credit active consumers with 90.44 million accounts in the country. The number of consumers with impaired records increased to 9.82 million while the number of impaired accounts increased from 19.09 million to 19.13 million. It further indicated 6.8% of consumers missed one or two instalments, 16.05% missed three or more, 4.25% had adverse listings and 0.86%
