The bulk of South African consumers continued to experience a state of financial insecurity during the first quarter of 2013 (Q1 2013). MBD Credit Solutions’ Consumer Financial Vulnerability Index (CFVI) increased marginally to 51.1 points in Q1 2013 from 50.1 points in Q4 2012, still way below the level of 58.9 points registered a year earlier during Q1 2012 (see Table 1). The CFVI research was performed by the Bureau of Market Research (BMR) at Unisa.

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