Australian Risk Climate: Consumers struggle to manage debt burden

Posted by Joachim Bartels | Jul 13, 2011 | Australia, Consumer Credit Information, Dun & Bradstreet, Dun & Bradstreet Australia, Member, Member News | 0 |

One in three Australians will struggle to meet credit commitments in the September quarter

Almost one third of Australians will struggle to meet their credit commitments in the September quarter, and 37 percent intend to use their credit card to purchase something they could otherwise not afford. Twenty-one percent say their household debt will increase over the next three months, and almost half say an interest rate rise in the September quarter would negatively affect their household’s finances. These are some of the findings from the latest Dun & Bradstreet Consumer Credit Expectations Survey released today.

To read the full story click on the link: Consumers struggle to manage debt burden

About The Author

Joachim Bartels

Joachim C Bartels is a co-founder, director, head of information resources and Editor-in-Chief of BIIA. In his capacity as Editor-in-Chief he is responsible for the selection of relevant information content concerning industry insights, trends, technological developments, standards and policies impacting BIIA members in particular and the business information industry in general.

The BIIA library is approaching 10,000 news items and best demonstrated practices. BIIA members receive regular news alerts on key developments in the industry and the regulatory environment. The BIIA readership is widespread: between 4 to 5 thousand unique visitors access BIIA.com per month.