Angus Luffman
Overall consumer credit applications dived by almost a third with home loan applications down by -42% and unsecured credit applications down -32% in the March quarter
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Overall consumer credit applications dived by almost a third with home loan applications down by -42% and unsecured credit applications down -32% in the March quarter
The opening of new retail credit accounts dropped 44% year-on-year in the first full month after CCCFA changes, the steepest fall since the start of the Covid-19 pandemic
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The opening of new retail credit accounts dropped 44% year-on-year in the first full month after CCCFA changes, the steepest fall since the start of the Covid-19 pandemic
Business credit demand drops 7.3% during the December 2021 quarter, fueled by the sectors most beaten up by Covid-19 restrictions
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Business credit demand drops 7.3% during the December 2021 quarter, fueled by the sectors most beaten up by Covid-19 restrictions
Equifax reports that overall credit demand fell about -35% in Auckland and Wellington in the December quarter of 2021 from a booming Q4 in 2020. They see some regional shifts as indicating new responses by consumers
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Equifax reports that overall credit demand fell about -35% in Auckland and Wellington in the December quarter of 2021 from a booming Q4 in 2020. They see some regional shifts as indicating new responses by consumers
Figures from credit bureau Equifax show consumer loan arrears down significantly this year. But what will happen when COVID-19 related support ends?
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Figures from credit bureau Equifax show consumer loan arrears down significantly this year. But what will happen when COVID-19 related support ends?
Consumer credit demand fell by up to 71% and commercial credit demand dropped by up to 63% during the Covid-19 Alert Level 4 lockdown, credit bureau Equifax says
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Consumer credit demand fell by up to 71% and commercial credit demand dropped by up to 63% during the Covid-19 Alert Level 4 lockdown, credit bureau Equifax says