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Aussies overwhelmed with credit card debt

Lisa Barnes & Geof Parry

One in six Australian’s are struggling with credit card debt according to an ASIC report, but some experts say credit cards aren’t all bad.

Rachel Smith is the author of Underspent says she juggles her bill payments through 11 cards, but a lot of people have no idea how much they spend from day to day.

But many 6PR listeners admitted they’ve never owned a credit card.

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Lisa Barnes & Geof Parry
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