Homeowners are warned that a three-pronged attack could see the number of repossessions spiral. Lenders are losing patience with those in arrears; government support programmes are being cut and economic shocks to the system will see interest rates creep up and potential unemployment figures soar.

Over a third of kiwi households will have to use credit to pay for otherwise unaffordable expenses if the Reserve Bank increases interest rates in the coming months, according to a Dun & Bradstreet survey.The debt collection and...

Over a third of kiwi households will have to use credit to pay for otherwise unaffordable expenses if the Reserve Bank increases interest rates in the coming months, according to a Dun & Bradstreet survey.

Kiwis will have to turn to credit if Reserve Bank raises interest rates: D&B

The market is expecting the Reserve Bank to cut interest rates at this week. But there's good reason why that view is wrong. 5 Jul 2010 7:31 AM