Veda: Australian Risk Climate: Consumer credit demand strengthens as personal loan applications surge

Veda Quarterly Consumer Credit Demand Index (December 2016 Quarter) Overall consumer credit applications are up +7.7% (vs December quarter 2015) Credit card applications rose +3.0% (vs December quarter 2015) Increase in personal loan applications grew +12.4% (vs December quarter 2015) Mortgage applications rose +6.6% (vs December quarter 2015) Growth in the Index was stronger than ...