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Short-term credit extension was under pressure in the third quarter 2021 as Covid-19, unemployment and prices take their toll on the most vulnerable segments of SA’s population.

Altron Fintech’s Short-term Credit Impact (Afsci) survey declined five points to 91 in the third quarter of 2021, when the book value of total consumer credit extended rose 1.2% to R2.08-trillion, but short-term lending portion of this market fell 5.5%...

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