loan marketlatest news & developments
South African consumers are increasingly turning to AI to simplify financial decisions, with most trusting the technology to compare loans and find better rates.
LOAN

Would you let AI negotiate your next loan? South Africans increasingly do

A new survey reveals how consumers are turning to AI to navigate borrowing, compare options and make financial decisions.

  • Ashley Lechman
4 min read
A new Wonga survey shows 41% of South Africans use credit every month for essentials, while 32% have borrowed from informal lenders amid mounting financial pressure.
LOAN MARKET

South Africans turning to loan sharks as cost of living crisis deepens

A new Wonga survey shows 41% of South Africans use credit every month for essentials, while 32% have borrowed from informal lenders amid mounting financial pressure.

  • Ashley Lechman
4 min read