Promising signs when it comes to consumer arrears. 

The latest Centrix data shows the number of people behind on their payments in January was 491 thousand. 

That was up 20 thousand from December, largely expected due to seasonal trends. 

But Chief Operating Officer Monika Lacey told Mike Hosking that despite the seasonal increase, arrears are still down on last year by almost 1%. 

She says overall, Kiwis are managing their money quite well. 

LISTEN ABOVE  

Promising signs when it comes to consumer arrears.&nbsp;
The latest Centrix data shows the number of people behind on their payments in January was 491 thousand.&nbsp;
That was up 20 thousand from December, largely expected due to seasonal trends.&nbsp;
But Chief Operating Officer Monika Lacey told Mike Hosking that despite the seasonal increase, arrears are still down on last year by almost 1%.&nbsp;
She says overall, Kiwis are managing their money quite well.&nbsp;
LISTEN ABOVE &nbsp;

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Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.The sharpest voice and mind in the business, Mike drives strong opinion,...

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Monika Lacey: Centrix Chief Operating Officer on consumer credit demand rising and arrears beginning to dip year on year

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/0560456a-df75-4ffb-93d8-b40101386386/transcript