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The New Daily
The New Daily
Matthew Elmas

Credit card debt spikes as Aussies struggle to pay bills

David Rankin Equifax Australia
10 News First – Disclaimer

Australians are increasingly using credit cards to survive, and overdue bills have soared in 2023.

There was a 20 per cent annual surge in credit demand over the March quarter, and a 10 per cent increase in debts that are more than 90 days past due, stated credit agency Equifax.

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