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Drowning in debt: Budget services reveal clients owe $50m - and rising 20 Apr, 2021 06:00 PM 5 minutes to read Some people in the Bay are drowning in debt. Photo / Getty Images Struggling Bay of Plenty families are drowning in debt - with cripplingly high-interest loans driving many to despair. Two Bay budget services, whose clients have accumulated more than $50 million in arrears, say debt levels are soaring, along with housing costs, and the financial fallout of Covid-19 on working families is still being felt. Some clients were struggling to survive, people were sleeping in cars and children were going to school hungry. ....
More than $50m in debt: Budget services reveal clients' harsh realities nzherald.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nzherald.co.nz Daily Mail and Mail on Sunday newspapers.
Drowning in debt: Budget services reveal clients owe $50m - and rising 20 Apr, 2021 06:00 PM 5 minutes to read Some people in the Bay are drowning in debt. Photo / Getty Images Struggling Bay of Plenty families are drowning in debt - with cripplingly high-interest loans driving many to despair. Two Bay budget services, whose clients have accumulated more than $50 million in arrears, say debt levels are soaring, along with housing costs, and the financial fallout of Covid-19 on working families is still being felt. Some clients were struggling to survive, people were sleeping in cars and children were going to school hungry. ....