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SA's mortgage loan landscape faces unprecedented jump in charges

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<p><img src="https://biz-file.com/c/2308/708930-208x117.jpg?5" width="208" height="117" alt="Source:" align="left"><br><span >Source: [[https://www.pexels.com/search/home%20loans/ Pexels]]&lt;/span><p>The landscape of mortgage loan credit in South Africa has undergone a seismic transformation. Charges related to these loans have surged at an unprecedented rate, skyrocketing by an astonishing 258% to reach R975m in just six months. Moreover, Absa has recorded bad debt charges amounting to R8.3bn during the six-month period leading to June 2023.</p><br> <a href="https://www.bizcommunity.com/Article/196/568/240991.html">Read more...</a> | <a href="https://www.bizcommunity.com/SendToFriend.aspx?l=196&c=568&ct=1&ci=240991">Send to a friend</a></p><div style="clear:left"></div>

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