Survey insights on financial health
A recent Westpac survey of 1,093 customers highlighted a concerning trend, with 24% indicating that holiday expenses might cause financial strain, and 14% considering taking on debt to cover upcoming costs.
The findings underscored the challenges faced by many as they enter the new year, dealing with the aftermath of holiday expenditures coupled with regular financial obligations.
Special loan features and benefits
Sarah Hearn, Westpac NZ’s general manager of product, sustainability, and marketing, explained that the consolidation loan is designed to simplify customers’ financial commitments.
“A debt consolidation loan can help people take…