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 Credit crisis is nothing much for IOL readers
    November 11 2008 at 02:39PM Get IOL on your
mobile at m.iol.co.za

By Fundile Majola

South Africans are increasingly feeling the international credit crunch at the tills and at the petrol stations.

Proof to this has been the innumerable plans and announcementsby businesses to either downsize on staff, not being in a position to increase salaries according to legislated national standards, the thousands of home and car repossessions by banks and, lately, the annual festive season cash heists taking their toll.

IOL asked its readers what the global credit crunch has pressured them into doing, while having no choice.

Of the 260 readers who responded, a majority 48 percent [124 votes] said the crisis forced them to reduce eating out, while 27 percent [69 votes] are going on as usual, feeling nothing no pinch at all, 22 percent [56 votes] are asking their creditors for credit extension and, lastly, the remaining 4 percent [11 votes] said the pressure saw them pooling in cars.
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Below are a few of the comments given by the readers to substantiate their views:


Polar Bear wrote:
Bad luck Cheryl - you'll never get your opinions across to this lot. The poll is dominated by one person who likes to masquerade as many and who jumps down the throats of anyone who mistakenly has opinions that run contrary to hers. It's just funny to read the comments here and try to stay aloof - although it's very hard sometimes.

grysie wrote:
Eish. And now the taxman wants his pound of flesh. Eina Trevor! Now you really are pressurising my skinny wallet!

knersius wrote:
grysie, You've said it ! Draadkar at 2008-11-11 10:23:44 Join the moaners club:-) DSTV and ADSL is the only "luxuries" we can hardly afford, where in other countries these commodoties are seen as a right and not a privelage. Telkum is ffffffff. ==g us with our eyes wide open.


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