- More people are turning to financial counsellors
- Large credit debt and rising electricity bills are to blame
- Experts warn against short-term credit
Rising cost-of-living expenses and large credit debts have resulted in more Australians turning to financial counsellors for help.
The national debt helpline was inundated with 170,000 calls in 2017, a 12%
surge over the previous year as the number of people struggling to make
ends meet reached a record high.
Mounting credit card debts following the Christmas break and rising
electricity bills are placing the most strain on people, says Gr…
Read the full article at: https://www.choice.com.au/money/budget/cost-of-living/articles/record-financial-strain-national-debt-helpline-070218
