The report is designed for marketers and financial services businesses that service consumers. It shows that significant pockets of credit activity remain, despite the downward trend in credit demand.

What you can learn from this report

  • How market demand compares for personal loans, credit cards, home loans and auto loans
  • Which demographics offer the best opportunities for lenders
  • The key drivers of switching behaviour when it comes to consumer credit.

What’s inside

Crammed full of insights for marketers and financial services businesses, you’ll discover:

  • 11% of consumers intend to make a loan application in the next three months*
  • 53% of these consumers say they are looking to switch credit providers when they apply
  • 25% of young Australians who recently switched credit providers are likely to apply for credit again.**

Australian Consumer Credit Behaviour Revealed

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*Of the 11% of consumers who intend to apply for a credit service – credit card, home loan, personal loan, car loan – between June-Aug 2019, 53% are looking to choose a new provider.

**25% of 18-34-year-olds who have switched providers in the year to June 2019 are more likely to apply for credit in the three months June-Aug 2019, compared to their older counterparts.

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