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Overall credit demand growth has slowed with some growth in personal loans, yet a decline in credit cards.
The Equifax Consumer Credit Demand Index for June Quarter 2018 shows that consumer credit applications has slowed.
MELBOURNE, Thursday, 9 August 2018 – Victorians are highly receptive to conversion to solar power, battery storage and electric cars, with consumers increasingly looking to convert their homes and vehicles to alternative energy, according to new research from Equifax.
The Equifax Consumer Credit Demand Index for March Quarter 2018 shows that consumer credit applications continue to see positive growth.