<p><font face="Times-Roman" size="3"><font face="Times-Roman" size="3"><font face="Times-Roman" size="3"><font face="Times-Roman" size="3"> <p align="left">The purpose of this research effort is to contribute to the discussion on consumer indebtedness and poverty, analyse the causes and levels of indebtedness as well as the role played by both the consumer and the credit provider in the growth of consumer indebtedness among the sampled population of the Cape Flats area of West Bank in the Western Cape Province of South Africa. The methodology used in this study included both qualitative and quantitative research approaches. The research methods comprised of a comprehensive literature study and secondary data analysis, immersion in the case study area in order to observe the consumer credit market dynamics and its trends. In-depth informal and semi-formal interviewing, focus group discussions as well as a questionnaire survey were also used to gather primary data.</p> </font></font></font></font></p>

<p><font face="Times-Roman" size="3"><font face="Times-Roman" size="3"><font face="Times-Roman" size="3"><font face="Times-Roman" size="3"> <p align="left">The purpose of this research effort is to contribute to the discussion on consumer indebtedness and poverty, analyse the causes and levels of indebtedness as well as the role played by both the consumer and the credit provider in the growth of consumer indebtedness among the sampled population of the Cape Flats area of West Bank in the Western Cape Province of South Africa. The methodology used in this study included both qualitative and quantitative research approaches. The research methods comprised of a comprehensive literature study and secondary data analysis, immersion in the case study area in order to observe the consumer credit market dynamics and its trends. In-depth informal and semi-formal interviewing, focus group discussions as well as a questionnaire survey were also used to gather primary data.</p> </font></font></font></font></p>

Consumer debt is a growing phenomenon in the US and throughout the world. The beginning of the 21st century has been defined by such an incredible growth in consumer debt that American families have increased their debt relative to personal income four times faster than in the 1990s. Since the Federal Reserve began measuring the amount of American consumer debt and consumer income in the 1980s, consumer debt never exceeded consumer income until 2004 when it reached 104.8% of income. In the last two decades, researchers have observed a significant correlation between debt and mental health. The purpose of this thesis is to examine a comprehensive sample of previous quantitative research conducted on the relationship between debt and mental health. This thesis discusses the research in the following categories: 1) increased debt as a contributor to decreased mental health; 2) decreased mental health as a contributor to increased debt; 3) high correlation between debt and mental health risks.