Google geo-coding API, postal codes, survey data, credit bureau data
Spatial analysis, scenario sumilation
The Banking Association of South Africa commissioned 71point4 together with economist Co-Pierre Georg to prepare an economic impact assessment of the Debt Intervention Bill.
The research team explored record level credit bureau data for a matched sample of banked, credit active consumers. The research used bank estimates of income to identify borrowers in the target market of the Bill, and explored record level credit bureau data to understand credit utilisation and repayment performance. In addition, the assessment used available household data at a sub-place level together with geo-coded point of interest data to identify areas where the impact of the Bill would be most pronounced.
The report quantified the potential impact of the Bill on consumers, lenders and the economy as a whole using a range of scenarios regarding take up of the debt intervention. It identified key sensitivities and risks, and in light of those made a number of recommendations.