Consumers 'ready to take on more credit'
Wednesday, May 29th 2013, 11:49AM
Consumer financial stress levels are falling and Kiwis are increasing their appetite for credit, Dun & Bradstreet says.
Its Consumer Financial Stress Index has fallen to 4.1, from a high of 14.1 in December 2012.
GM Lance Crooks said people were better able to meet their financial obligations and were reducing their debt.
“As a result, financial stress is easing and consumers are regaining their appetite for new credit – although we expect that a cautious approach to spending is likely to continue for some time."
| « Lead managers for Meridian, Genesis sales appointed | Sovereign rating affirmed » |
Special Offers
Comments from our readers
No comments yet
Sign In to add your comment
|
|
Printable version |
|
Email to a friend |
