Credit card use showing clear signs of stress
23rd Nov 08, 8:30pm
by
The latest credit card data for October shows real signs of stressful behaviour by New Zealand card users. Not only are cardholders restraining their creditcard activity, less people are paying their balance off in full before interest accrues.
And, they are making smaller transactions. In fact, the average card transaction of $53.28 in October was the smallest recorded since we have been monitoring this key metric.
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