Johannesburg - South African consumers are borrowing to meet their basic needs such as food and transport, a credit and over-indebtedness summit heard on Wednesday."It is no longer that consumers are borrowing to buy a new car, but to get food on the table. That is why there is an increase in unsecured lending, because it is used for consumption to survive," said University of SA (Unisa) personal finance research unit head, Bernadene de Clercq."We've got increases in the petrol price, electricity prices. Now that their expenditure commitments are too high, they don't have the income to support that growth," she said.De Clercq told the summit in Midrand that most South African consumers borrowed from credit providers just for consumption purposes and "to keep up with the Joneses".She said that when consumers acquired debt in the past two years, they had not thought that electricity and fuel prices would increase, hence they were now unable to pay their debt.A FinScope Consumer Survey conducted by FinMark Trust last year showed that 26% of consumers borrowed from credit providers to buy food.About 16% borrowed to pay for transport, 7% acquired credit to pay school fees, and 5% to pay electricity bills. Only 4% of consumers borrowed to renovate their houses.Consumers were also struggling to pay school fees, medical expenses and municipal services, De Clercq said.She said over-indebtedness did not apply to the entire population, but mostly low and middle-income groups who had too many accounts with a variety of credit providers.Recent figures released by the National Credit Regulator showed that there were 60 million accounts belonging to only 19 million consumers in the country.She said consumers put saving at the bottom of their priorities when they received their incomes. This led to over-indebtedness and consumers could not enjoy the current low interest rates environment."We need to teach people to manage their finances," De Clercq said.