Debt not falling much, but at least it’s stabilising
The debt graph hasn’t moved much the last few months.
It is falling, but not much.
But at least it’s stabilised.
How much debt do you have?
Rising Australian interest rates ..
Unlike the United States and Britain, where interest rates have recently been lowered to stave off the credit crunch crisis, interest rates in Australia have been climbing in recent months in a bid to halt inflation.
.. results in unmanageable debt
The result is that hundreds of thousands of Australian households are [...]