Health
Bill shock: How to rid yourself of COVID-19 debt – Fraser Coast Chronicle
A “debt tsunami” threatens to engulf young Australians as COVID-19 hits their finances the hardest and forces them into dangerous borrowing arrangements.
A “debt tsunami” threatens to engulf young Australians as COVID-19 hits their finances the hardest and forces them into dangerous borrowing arrangements.
A study by the Consumer Policy Research Centre has found the nation’s debt worries have intensified amid a spike in young adults missing bill payments and signing up for expensive payday loans.
It found Australians aged 18 to 34 are twice as likely as the overall population to have borrowed money from family or friends or accessed assistance …
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