Tag: CashFlowData
Gen Z’s financial behaviour – solving the ‘thin file’ challenge
South Africa’s next wave of credit growth will come from a generation that is digitally fluent, economically active, and increasingly reliant on credit to navigate rising living costs. Yet, this generation remains largely invisible to traditional credit systems. According to TransUnion, only 28% of South African Gen Z consumers over the age of 18 are credit active. This highlights the challenge lenders face when assessing first-time borrowers.
