The Financial Coach

MANAGING PEOPLE AND THEIR EMOTIONS AROUND MONEY

Unbelievable – is this a disaster in the making?

A total of 10.75 million consumers are in arrears, according to the Credit Bureau Monitor for the fourth quarter of 2009 – an increase of 160,000 from the previous quarter. I read this yesterday and it seemed too bad to be true so I did some investigating and found the actual report http://www.ncr.org.za/publications/Credit_Monitor/CB%20Monitor%20-%20December%202009%20Q.pdf .It is …