Credit applications fall, defaults increase

By Jessica Stanic · 21 April 2009 · Locked

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Summary

Credit card and personal loan applications have fallen by 13 percent in the first three months of 2009 compared to the same time last year, according to Veda Advantage’s Consumer Credit Demand Index. Rory Matthews, Veda Advantage CEO, said the significant decreases in credit card and personal loan enquiries are in line with expectations, as […]