Debt counselling enquiries expected to increase in January

JOHANNESBURG - Debt Rescue SA expects an increase in inquiries this January.

WATCH: Cost of living crisis | South Africans drowning in debt

COO, Annaline van der Poel, says most hope December bonuses will keep them out of financial trouble but, with the higher cost of living, and increased spending over the festive season, those funds soon disappear.

This leaves most South Africans with no choice but to take out more credit.