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Periodical article Periodical article Leiden University catalogue Leiden University catalogue WorldCat catalogue WorldCat
Title:Urban Working Class Credit Usage and Over-Indebtedness in South Africa
Authors:Hurwitz, IngridISNI
Luiz, JohnISNI
Year:2007
Periodical:Journal of Southern African Studies
Volume:33
Issue:1
Period:March
Pages:107-131
Language:English
Geographic term:South Africa
Subjects:debt
credit
urban households
Urbanization and Migration
Labor and Employment
Economics and Trade
External link:https://www.tandfonline.com/doi/abs/10.1080/03057070601136616
Abstract:Growth in credit consumption in South Africa has exceeded growth in incomes, leading to increasing levels of household debt. One of the groups most affected by these changes is the urban working class. This article explores some of the features of, and reasons for, their over-indebtedness through industry specialist interviews, primary fieldwork and credit bureau data analysis of a sample of urban working class breadwinners and presents this within the changing socioeconomic context of postapartheid South Africa. Notes, ref., sum. [Journal abstract, edited]
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