Yay, it's Black Friday week! But before you splash out, think hard

19 November 2018 - 08:00
More than 4.7 million card transactions were processed during Black Friday 2017, amounting to a total debit and credit card spend of R2.4bn.
More than 4.7 million card transactions were processed during Black Friday 2017, amounting to a total debit and credit card spend of R2.4bn.
Image: REUTERS/Toby Melville

That old “it’s been a long, hard year, now reward yourself” marketing line used to be reserved for the festive season, but in recent years SA retailers have been getting South Africans into splurge mode a month earlier with Black Friday.

But before you splurge, there are some sobering stats from the National Credit Regulator.

Read Knowler's full consumer column on Times Select.

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