26% of rental applicants in South Africa flagged as high risk
- 26% of rental applicants in South Africa flagged as high risk during automated screening.
- The country's residential rental sector is becoming more convenient as it increasingly moves towards online applications and digital screening, but this shift comes as households face financial pressure from high interest rates, rising municipal tariffs, and unsecured debt.
- The shift towards online applications has also created more opportunities for digital fraud, with property professionals now moving towards more comprehensive digital screening to mitigate these risks.
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