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You are here: Home / Public Issues / Fuel Price Cuts, a Welcome Relief as Consumers Owe Almost a Year’s Salary, New Data Shows

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Fuel price cuts, a welcome relief as consumers owe almost a year’s salary, new data shows Submission Details

Images: For a high res version of THIS image please contact Omega Ngema from Financial Wealth Holdings.

ENDS

Notes to editors
• The NDA Consumer Debt Index is a quarterly measure based on NDA debt review client records, covering 109,425 clients since January 2014. Figures are aggregate averages only; no individual client is identified. Methodology v1.0 was locked on 26 June 2026.
• Q2 2026 indicators include a 0.93× debt-to-income ratio, average debt of R174,787, average gross monthly income of R15,737, 8.3 credit accounts per client, 98% unsecured credit penetration, and 109,425 clients since inception.
• July fuel price adjustments are based on Department of Mineral and Petroleum Resources announcements effective 1 July 2026 and are included as context, not NDA data.
• A spokesperson from National Debt Advisors is available for print, radio, and TV interviews. High-resolution charts and the full report are available on request.
About National Debt Advisors
National Debt Advisors is a South African debt counselling firm that has helped 109,425 clients since 2014 restructure their debt and work towards financial recovery. NDA works with consumers struggling with unmanageable debt to negotiate reduced payments with creditors and provide a single, manageable repayment plan under the National Credit Act.
Media contact: Omega Ngema omega@fwh.co.za WhatsApp: 06104205079 https://www.nationaldebtadvisors.co.za/

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