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AAP
AAP
Business
Adrian Black

Debt business booming as households struggle with bills

More people are taking out unsecured loans, pushing debt collection earnings higher. (Bianca De Marchi/AAP PHOTOS)

Australia's biggest debt collector is looking to grow both its collections and consumer lending arms, as rising living costs push more people to take out unsecured, high interest rate credit.

Credit Corp Group, which buys bad debts from other companies at a discount before collecting them, posted a record $105.5 million net profit in 2025/26 and is on track for another standout result this year.

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