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Business Day TV | Average interest rate for unsecured debt at 8-year high of 26% in Q2

23 August 2024

Despite nominal income increasing by 2% over the past eight years, people who applied for debt counselling in the second quarter of this year had 44% less purchasing power than in 2016.

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Business Day TV | Average interest rate for unsecured debt at 8-year high of 26% in Q2

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