Demand for consumer credit shows strongest annual growth since Global Financial Crisis

Veda, Asia-Pacific’s leading provider of consumer and commercial data intelligence and insights today revealed the results of its consumer credit demand index for the first calendar quarter of 2013.  The index, which measures the change in consumer credit demand for the March quarter compared to the same period in 2012, showed that overall demand increased by 4.7% over the past year, the strongest rate of annual growth since the GFC.

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Source: Veda