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Hot Topic Accountants
General Business
3 mins to read

Demand for personal loans up despite CCCFA rules

Arrears in unsecured lending are also on the rise, credit bureau Centrix says.

Most of Harmoney's loan growth is coming from Australia.

Maria Slade Thu, 01 Sep 2022

Demand for personal lending is up but so are arrears, credit bureau Centrix says.

Personal loan demand is 29% higher than it was this time last year, its latest Credit Indicator monthly report shows.

While this compares to August 2021 when Auckland entered an extended Covid-19 lockdown, demand is

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Demand for personal loans up despite CCCFA rules
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