WSJ.com: Europe Home: Consumer Debt Bubble Forms in South Africa

WSJ.com: Europe Home
Europe Home
Consumer Debt Bubble Forms in South Africa
Dec 27th 2012, 14:57

A surge in personal loans, credit-card debt and overdrafts has allowed many working-class South Africans to bridge their earnings and the lifestyles they aspire to have. But now many of the country's banks are dialing back lending.

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