Some of South Africa’s high-flying households are struggling to pay their bills, the latest report by the credit record company Experian shows. Business Insider reports that in the three months to end-December, the top 2.5% of South Africa’s credit active population saw total new defaults on debt repayments of more than R4 billion. It is not just the rich though as across all income groups, personal loan repayments have taken the biggest hit during the pandemic with vehicle loan defaults having also spiked. But defaults on home loans improved slightly from end-2019 to end-2020, suggesting that “people are prioritising paying their home loans before other commitments”.