Consumer Pulse Wave 2

Financial impact on households remains extensive; financial concerns continue to be most prevalent among Millennials and Gen X.

Compared to a week ago, a slightly higher percentage of South Africans are being negatively impacted financially (81% vs 79% last week).

Nearly a third (31%) of impacted consumers had their work hours reduced (similar to week one).

The proportion of impacted consumers who are concerned about paying their bills remained fairly consistent at 88% (89% last week). This decreased from 92% to 90% over the last week for Millennials, and increased from 95% to 98% for Gen X.

Respondents said they will be short on their bills and loans about R7,000 on average in the near future, which is the same as last week. However, the length of time they estimate until they cannot pay increased from 6.2 weeks to 6.7 weeks.

There is no change in the number of impacted respondents that have lost their job (10%) as a result of the COVID-19 pandemic.

Related Insights and Events

Contact Us

We need your consent.

TransUnion would like to send you original insight, commentary and research on data, software and analytics, early notifications of exclusive events and information about our products and services. If you would like to receive that information, please let us know using the following options

For our contact center, please call (0861) 482 482.
Alternatively, please contact your account manager directly for all other enquiries.

TransUnion is a global organization. As, part of our processing activities when your personal information is shared within TransUnion it may be transferred outside of South Africa as part of how we operate our business, which includes providing you with our products and services, conducting analytics or storage, analyzing our performance, meeting our legal obligations or conducting research and reporting.

Please read our Privacy Policy hosted in our Privacy Centre, which explains who we are, how we collect and use your personal information and how you can exercise your privacy rights.

We're sorry, your request failed. Please try again in a little while.