Credit card debt is our biggest worry

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An online poll in News Limited newspapers has found that credit card debt is the biggest concern for the majority of consumers. The survey found that 57% of respondents said credit card debt was their biggest debt concern, while 24% said their home loan was their number one financial worry.

Higher Education Contribution Scheme (HECS) debts was the biggest concern of 7% of survey participants. Personal loans, store cards and investment loans attracted a handful of votes each.

If you need help consolidating your debt or need a budgeting or savings plan put in place, speak to Intellichoice today to find out how we can help.