First Take SA

SA dads face mounting debt


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South African dads are facing mounting debt, as many strive to provide the best life for their families. In a society where financial pressures weigh heavily on families; it is crucial to acknowledge the often-overlooked role of fathers in managing household finances. CEO of National Debt Advisors, Charnel Collins, says that many dads are struggling with increasing debt to secure their family's' future. The latest industry insights from the Eighty20 Credit Stress Report for 2023 reveals concerning statistics on South African consumer debt. Elvis Presslin spoke to Quinton Ramohlabi, Quality Insurer at National Debt Advisors

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