Both consumer and mortgage arrears fell in June as more Kiwis get ahead of their repayments. Photo / 123rfBoth consumer and mortgage arrears fell in June as more Kiwis get ahead of their repayments. Photo / 123rfThe number of Kiwis behind on their repayments fell to the lowest level in five years, new data shows.Centrix’s latest Credit Indicator report shows consumer arrears fell by 12,000 in June, when compared with May, to 420,000, or 10.65% of the credit-active population.
Consumer arrears levels are now 13.9%
