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More debt problems – Centrix

Wednesday 1st of March 2023

Centrix says consumer arrears rose to affect 11.9% of the active credit population in January.

Approximately 430,000 New Zealanders are behind on payments, according to the company.

That was an increase of 20,000 in a year, and the length of arrears was increasing slightly.

“While the arrears cycle tends to peak post-Christmas, the current arrears level is 6% highe...

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