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Debt consolidation the leading reason Aussies take out personal loans, says Plenti – Mozo.com.au



Debt consolidation the leading reason Aussies take out personal loans, says Plenti
















By Ceyda Erem Thursday, 29 April 2021

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debt-consolidation

Whether its spending more time at home or a new perspective on life, many Aussies across the country have been taking great strides in smashing their financial goals by taking out a personal loan.

In fact, according to a recent Loan Book Update from peer-to-peer lender, Plenti, debt consolidation (27%) was the leading financial reason for applying for a Plenti personal loan.

Other major reasons for taking out a personal loan were for renewable energy spending (25%) and home improvements (13%), suggesting that more Aussies are…

Read the full article at: https://mozo.com.au/personal-loans/articles/debt-consolidation-the-leading-reason-aussies-take-out-personal-loans-says-plenti

Category: Debt HelpBy Insolvency GuardianApril 29, 2021

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