Consumers who applied for debt counselling in the last quarter of 2023 had 39% less purchasing power than they did in 2016 and, on average, were spending 62% of their take-home pay to service debt, and relying on personal loans to plug the gaps.
9 February 2024 Consumers who applied for debt counselling in the last quarter of 2023 had 39% less purchasing power than they did in 2016 and, on average, were spending 62% of their take-home pay to service debt, and relying on personal loans to plug the gaps.
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