Credit Simple News

One in three Kiwis pay interest on their credit cards, research shows

We’re a nation that’s far too comfortable with ongoing credit card debt according to new research that shows many of us are treating our cards like a never-ending loan. We conducted research* that shows one in three Kiwis don’t pay off their credit card in full each month, while more than one in ten (11%) respondents said they were comfortable with credit card debt of up to $10,000. When Central Otago business manager, Hamish Kyle was in his thirties he…

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