Credit hangover: 24 months of pain, few nights of fun

In life, little red flags usually appear to illustrate the bigger problems at hand.

And while South Africa is reeling in a technical recession, the creative juices of retailers may be fuelling an extended crisis.

An advertisement did the rounds, promoting Johnnie Walker’s premium Blue Label brand. All simple enough, except you could buy this bottle on 24 months’ credit.

Now I’m no financial planner but this in the eyes of any consumer is ludicrous. Your few nights of fun will be hanging over your head for 2 years, and at a cost. One sure fire way to prolong a hangover.