2 million Australians come home with credit card debt they can’t afford to repay immediately

Australians preparing to spend the summer overseas are being warned by credit card comparison website creditcardfinder.com.au to be responsible with their spending. This follows a new study revealing millions of travellers are coming home with “Debt-lag” According to the Debt-lag Survey of more than 1,000 Australian travellers, commissioned by creditcardfinder.com.au , over one in three Australians (36 percent) who…

Australian household debt blowout!

We are in the midst of a summer financial ‘hangover’, with household credit card and personal loan debt in Australia topping 101 billion dollars. Australian families should take borrowing decisions seriously, warns one of Australia’s biggest comparison websites finder.com.au. The warning follows new research into household credit card and personal loan debt in Australia. Borrowing on credit cards…

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