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More consumers fall behind on mortgage, credit card payments

Podcast |: Morning Report
Publisher |: Radio New Zealand
Media Type |: audio
Podknife tags |: News & Politics,; New Zealand,; On The Radio
Categories Via RSS |: News
Publication Date |: Jul 01, 2024
Episode Duration |: 00:03:36

More consumers are falling behind on their mortgage and credit card payments as arrears climb higher. The latest report from Centrix shows 470,000 people were behind on their payments in May which accounts to thirteen percent of lending. Centrix managing director Keith McLaughlin spoke to Corin Dann.

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