Sign up to watch our webinar covering consumer credit trends revealed in TransUnion’s latest Industry Insights Report (IIR). We reviewed South Africa credit product performance in Q2 and discussed:
- First-time home loan consumers outnumber repeat borrowers for the first time since 2019 as lower rates lift demand; home loan originations and access are expanding
- Vehicle finance is accelerating, led by younger consumers; lenders widen access and extend terms as risk performance and account activity improve
- Credit card usage is climbing across risk tiers, with younger consumers driving growth; balances and utilisation are up despite tighter limits, signalling stable behaviour