Indebtedness and aspiration: a credit journey to higher status or ruin?

Aspirations of upward mobility, poor credit regulation and unscrupulous credit providers have contributed to millions of South Africans becoming critically indebted. When the latest amendments to the National Credit Act were published in August 2019, the issue once again received significant media coverage.

Publication Details

Journal
Figshare
Published
2025-12-02
DOI
https://doi.org/10.14749/30763355
Primary Topic
African studies and sociopolitical issues
Type
article
Field-Weighted Citation Impact
0.00
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article

Indebtedness and aspiration: a credit journey to higher status or ruin?

Figshare
African studies and sociopolitical issues
article

Indebtedness and aspiration: a credit journey to higher status or ruin?

article en

Abstract

Aspirations of upward mobility, poor credit regulation and unscrupulous credit providers have contributed to millions of South Africans becoming critically indebted. When the latest amendments to the National Credit Act were published in August 2019, the issue once again received significant media coverage.

Figshare
No poverty
Openalex Percentile: Top 30%
African studies and sociopolitical issues
DOISourceOpenAlex
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Indebtedness and aspiration: a credit journey to higher status or ruin? · Figshare (2025) | TGRS Research Map | TGRS