Battlers are taking less of a doomsday approach to dealing with their troubled finances in the latest lockdowns, according to a leading debt collector.
While remaining conservative in terms of taking out loans, people are continuing to reduce their bad debts this time around, Sydney-based Credit Corp said on Tuesday.
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Liam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane. Email Liam at liam.walsh@afr.com.au