HOME loan repayments and rent in Australia are hurting much more than high petrol prices, data from Australia's largest privately owned debt collection agency shows.
Unleaded fuel prices were approaching $1.70 in Adelaide, Melbourne, Sydney and Canberra yesterday even before crude oil prices reached a record 145 US Dollars a barrel.
Yet less than 2 per cent of consumers nominated high petrol prices as their primary reason for failing to pay an overdue bill, an email survey of Prushka's 80 debt collectors taken in June found.
Mortgage repayments were the number one reason why 19 per cent of borrowers broke a default arrangement, entered into when a bill was 60 days overdue.
Showing posts with label Home Loan Repayments. Show all posts
Showing posts with label Home Loan Repayments. Show all posts
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