Credit bureaus report increase in bad debt |
| Oct 08 2009 |
The National Credit Regulator (NCR) regulates and monitors registered credit bureaus and the quality of the data they create, based on credit information received from credit providers on a monthly basis.
As at the quarter ended June 2009, credit bureaus had records for 17.79 million credit-active consumers and produced the following debt profiles:
- Percentage of consumers in good standing - 55.9%; decrease 1.7% compared to quarter ended March 2009 and 4.5% compared with quarter ended June 2008.
- Consumers with impaired records - 7.85 million; deterioration of 390 000 to last quarter and 1.06 million year-on-year. This has been on the increase since June 2007.
Adapted from source: www.bizcommunity.com, 8 October 2009
Retail Wrap
Wal-Mart Offers Plan to Empower Women - Sep 28 2011
Wal-Mart Stores Inc. pledged to double the products it purchases ... more
Tesco’s Amazon-style site due to launch in January - Sep 09 2011
Tesco is gearing up for the launch in January of ... more
Carrefour To Spend EUR900M In 2011 On Emerging Market Expansion - Sep 05 2011
French retail giant Carrefour SA plans to spend EUR900 million ... more
Latest News
Strategic Communications: UCS scoops coveted SAP awards - Nov 30 2011
UCS Solutions put up a stellar performance at this year’s ... more
Beyond Retail 2011 - Nov 04 2011
The recent Beyond Retail 2011 conferences considered how mobility, innovation ... more
INTELLICORP EXPANDS DISTRIBUTION IN SOUTH AFRICA - Apr 07 2011
IntelliCorp, a worldwide provider of intelligent implementation analysis software for ... more
Latest Events
Beyond Retail 2011 - Sep 21 2011
21 September 2011 - Johannesburg
29 September 2011 - ... more
Case Studies
ENQUIRIES
info@ucs-solutions.co.za or call us:
| JHB: | +27 11 518 9000 |
| CPT: | +27 21 680 4000 |
| DBN: | +27 31 279 9860 |
