DiscoverThe Savings Tip JarHow Aussies are using their credit cards in the cost of living crunch, with Equifax's Moses Samaha
How Aussies are using their credit cards in the cost of living crunch, with Equifax's Moses Samaha

How Aussies are using their credit cards in the cost of living crunch, with Equifax's Moses Samaha

Update: 2024-10-17
Share

Description

Our special guest for this week was Moses Samaha, the executive GM at Equifax, to talk to us about spending in the lead up to Christmas and the risks of applying for and falling behind on repayments during this period. We threw a lot at him and he spoke about a few very interesting topics!


00:00-00:53 - Intro


00:53-02:04 - Christmas & Black Friday spending


02:04-04:26 - Account growth flat but spending up


04:26-05:54 - Credit card interest rates


05:54-07:18 - Credit card arrears


07:18-09:08 - Prioritisation of debt


09:08-10:48 - BNPL


10:48-12:25 - Credit card red flags


12:25-13:52 - Building up your credit score


13:52-15:03 - Outro

Comments 
loading
Top Podcasts
The Best New Comedy Podcast Right Now – June 2024The Best News Podcast Right Now – June 2024The Best New Business Podcast Right Now – June 2024The Best New Sports Podcast Right Now – June 2024The Best New True Crime Podcast Right Now – June 2024The Best New Joe Rogan Experience Podcast Right Now – June 20The Best New Dan Bongino Show Podcast Right Now – June 20The Best New Mark Levin Podcast – June 2024
In Channel
Is it time to introduce an inheritance tax? With Justin Dowd from Australian Family Lawyers

Is it time to introduce an inheritance tax? With Justin Dowd from Australian Family Lawyers

2024-04-0115:52

Are regional property markets still worth investing in? With Emma Duffy from Your Investment Property Magazine

Are regional property markets still worth investing in? With Emma Duffy from Your Investment Property Magazine

2024-09-2910:04

49: How to spend mindfully, with Corinne Ng from AMEX

49: How to spend mindfully, with Corinne Ng from AMEX

2024-02-1335:09

Any silver bullets to fix the housing crisis? With Hon Clare O'Neil MP, federal housing minister

Any silver bullets to fix the housing crisis? With Hon Clare O'Neil MP, federal housing minister

2024-11-1021:49

What Sydney's drop in home values spells for the rest of the market, with Emma Duffy from Your Investment Property Magazine

What Sydney's drop in home values spells for the rest of the market, with Emma Duffy from Your Investment Property Magazine

2024-11-0809:53

87: Is the government doing enough to fix the housing crisis? With Hon Clare O'Neil MP, housing minister

87: Is the government doing enough to fix the housing crisis? With Hon Clare O'Neil MP, housing minister

2024-11-0646:52

How the cost-of-living crisis spurned the rise of 'boomerang' kids returning home, with InfoChoice's Bernadette Lunas

How the cost-of-living crisis spurned the rise of 'boomerang' kids returning home, with InfoChoice's Bernadette Lunas

2024-11-0311:34

Avoid a potential $1500-plus fine by lodging your tax return by 31 October! With CPA Australia's Jenny Wong

Avoid a potential $1500-plus fine by lodging your tax return by 31 October! With CPA Australia's Jenny Wong

2024-10-3107:22

86: How to lodge your tax return later than 31 October, with CPA Australia's Jenny Wong

86: How to lodge your tax return later than 31 October, with CPA Australia's Jenny Wong

2024-10-2935:45

How is Victoria minimising stamp duty for off-the-plan builds? With Emma Duffy from Your Investment Property Magazine

How is Victoria minimising stamp duty for off-the-plan builds? With Emma Duffy from Your Investment Property Magazine

2024-10-2711:45

The $3m superannuation balance cap and how it affects retirement goals, with financial planner Victor Idoko

The $3m superannuation balance cap and how it affects retirement goals, with financial planner Victor Idoko

2024-10-2415:21

85: The 5 steps you need to retire at age 50, with financial planner Victor Idoko

85: The 5 steps you need to retire at age 50, with financial planner Victor Idoko

2024-10-2242:16

Does refinancing a home loan hurt your credit score? With Brooke Cooper, editor at Your Mortgage

Does refinancing a home loan hurt your credit score? With Brooke Cooper, editor at Your Mortgage

2024-10-2007:10

How Aussies are using their credit cards in the cost of living crunch, with Equifax's Moses Samaha

How Aussies are using their credit cards in the cost of living crunch, with Equifax's Moses Samaha

2024-10-1715:03

84: How Aussies are using their credit cards in the lead up to Black Friday & Christmas, with Equifax's Moses Samaha

84: How Aussies are using their credit cards in the lead up to Black Friday & Christmas, with Equifax's Moses Samaha

2024-10-1534:49

Queensland Election: Are rent controls a serious consideration?

Queensland Election: Are rent controls a serious consideration?

2024-10-1308:24

How Gen Z, Millennials, and Baby Boomers are prioritising their financial goals, with MLC's Jenneke Mills

How Gen Z, Millennials, and Baby Boomers are prioritising their financial goals, with MLC's Jenneke Mills

2024-10-1113:53

83: Explaining the rise of the Bank of Mum & Dad, with MLC's Jenneke Mills

83: Explaining the rise of the Bank of Mum & Dad, with MLC's Jenneke Mills

2024-10-0935:09

Could Australia get 30-year fixed-rate mortgages like the US? With Harry O'Sullivan

Could Australia get 30-year fixed-rate mortgages like the US? With Harry O'Sullivan

2024-10-0608:32

Ramifications for property investors if negative gearing is axed

Ramifications for property investors if negative gearing is axed

2024-10-0409:38

loading
Google Play
Download from Google Play
Castbox
Download from App Store
usUnited States
00:00
00:00
1.0x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

How Aussies are using their credit cards in the cost of living crunch, with Equifax's Moses Samaha

How Aussies are using their credit cards in the cost of living crunch, with Equifax's Moses Samaha

Savings.com.au