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How NZ's mortgage strain is 'a bit like Covid' and what you can do | TVNZ Breakfast

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Kiwis in loan trouble are being urged to talk to their creditors and for banks to do more to help as more and more borrowers fall into strife.

The Reserve Bank released its six-monthly Financial Stability Report yesterday. It included a stark warning that homeowners were increasingly falling into mortgage strife — with the number affected set to increase by the end of this year.

Christine Liggins from Debtfix, a debt management advice service, joined Breakfast to discuss what Kiwis can do.

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