South Africa’s largest debt management company, DebtBusters, says they have seen an increase of 41% in the number of people who want to undertake debt counselling. Many consumers are battling to make ends meet due to the high cost of living. There has also been a rampant increase in payday loans as consumers try to supplement their salaries.

For more news, visit sabcnews.com and #SABCNews on all Social Media platforms.