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Keith McLaughlin: Centrix Managing Director on lending data increasing year-on-year
Published 4 months, 1 week ago
Description
Positive signs about our economic recovery in the latest lending data.
New figures from credit bureau service Centrix shows a rise in lending, including a 21% rise in residential lending.
Three thousand fewer people are behind on payments compared to a month earlier.
Centrix Managing Director Keith McLaughlin told Mike Hosking it shows that households are continuing to manage their budgets effectively.
He says the trend is very, very favourable.
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