The lockdown following the outbreak of Delta triggered an immediate drop in demand for credit .. but demand is recovering, particularly in parts of the country in Alert level 2.
The latest Centrix Outlook which looks at how consumer and business credit performed in September indicates there was an overnight fall of 30 percent in demand for credit in mid-August.
Centrix is the only locally owned consumer credit agency and managing director Keith McLaughlin says credit demand has fully recovered in regions operating under Alert Level 2 ...And there's been a 16 percent increase in Auckland at Alert Level 3.
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