Financial uncertainty continues to loom over New Zealanders

Financial uncertainty continues to loom over New Zealanders

2 July 2024
Centrix's latest Credit Indicator report shows the number of people behind on credit payments increased by 16-thousand in May.

This is largely driven by telco and mortgage repayments.

However, the number of those more than 90 days behind on their payments, are unchanged year-on-year.

Chief operating officer Monika Lacey says it's positive to see this holding steady.

She says it means consumers are managing their cash flow to the best of their abilities, and not getting into more credit stress.

>> More Business News