People earning over R420,000 a year are in trouble in South Africa

New data shows that people taking home more than R35,000 and R50,000 a month spend almost all their income on debt repayments.According to DebtBusters’ Q3 2026 Debt Index, consumers in this income bracket need 97% of their take-home pay to service debt, while their total debt is equivalent to three times their annual net income.