The Smarter Alternative to Borrowing More That Frees Up Cash

Credit demand is surging again as New Zealanders return to the borrowing market. The latest Centrix Credit Indicator Report (September 2025) shows consumer credit demand rose 5.6% year-on-year, led by a 4.4% increase in personal-loan applications — the highest level since December last year.

While borrowing activity is increasing, the data also reveals that personal-loan arrears remain elevated at 9.0%, only slightly lower than earlier in the year and still above the same period in 2024. This combination of rising credit demand and persistent arrears highlights the importance of smart financial management heading into the busiest spending season of the year.

A Smarter Way to Manage Debt

At East Bay Finance, the team has found that sometimes the best way to move forward financially isn’t by taking on new debt - it’s by taking a closer look at what you already have.

For many Kiwis, restructuring existing loans can deliver significant benefits. By consolidating multiple debts into one well-structured loan, borrowers can often lower repayments, reduce costs, and free up space in their weekly budget.

From Stress to Stability

East Bay’s lending specialists regularly see the difference a tailored loan restructure can make. From families coping with higher living costs to homeowners catching up on overdue repayments, smart consolidation helps borrowers regain control, reduce pressure, and plan ahead with confidence.

With personal-loan arrears sitting at 9%, now is the ideal time to review your finances. A quick assessment before the expense peak of Christmas and the New Year can uncover ways to cut costs, simplify repayments, and start 2026 in a stronger position.

East Bay Finance has built its reputation on transparency, responsibility, and care.  Every recommendation is made with one goal in mind - helping clients borrow smarter, not harder.