Credit Card Relief, Credit Counseling

Australia’s credit debt exceeds GDP, new record (The Malaysian Insider)

MELBOURNE, Dec 28 — In what is a new record, Australians now owe more in household debt and in comparison to the annual earnings of the country’s economy. Reserve Bank figures show mortgage, credit card and personal loan debts now stand at A$1.2 trillion, up 71 percent from just five years ago and equating to A$56,000 for every man, woman and child in the country, News Ltd says. The spending …