Scroll to top
Topic: credit card debt

Good riddance to bad debt: how Australians are annihilating personal debt

The pandemic has inspired an unprecedented attack on personal debt in all its forms.

Reserve Bank figures out today continue to show an economy slowing as credit growth declines.

Credit growth sluggish, recession jury still out

Reserve Bank figures out today continue to show an economy slowing as credit growth declines.

Australians are reducing their credit card debt and borrowing less in general, according to the latest lending finance figures, with revolving credit commitments down 4.8%.

Australians discard the plastic

Australians are reducing their credit card debt and borrowing less in general, according to the latest lending finance figures, with revolving credit commitments down 4.8%.

There are 3 articles in credit card debt