Credit Demand

Home Demand Down, Credit Card Appetite Continues To Increase

Monday, 23 January, 2023 - 11:26

The latest Quarterly Consumer Credit Demand Index for the quarter ending December 2022 shows a continuing stable trend in overall consumer enquiry volumes across 2022.  However, demand remains below pre- and post-pandemic volumes, with a notable dip in home lending appetite for the last quarter of 2022.

Consumer Credit Demand Decline Continues, with Credit Card Demand showing signs of recovery

Friday, 26 August, 2022 - 13:59

Overall consumer enquiry volumes declined for the 4th quarter in a row, with a year-on-year reduction of 23.6% for the quarter ending June 2022.

Demand for consumer credit declines by more than 70% during lockdown

Thursday, 7 May, 2020 - 08:31

AUCKLAND, New Zealand, May 7th, 2020:  Research released today by Equifax New Zealand shows that consumer credit demand fell by up to 71% during the C