Experian’s Post

Transcript

It's gone from about 1.4 cards and they want it to somewhere in the region of 1.6. And that varies across the age spectrum. And there is some greater engagement across older people with the credit card market. But yeah, people are holding more cards. People are opening cards, but they're not tending to close off those credit cards. So we are seeing a growth in the plastic in somewhat of digital wallet. Any reason why, what is what is driving that demand? There are a lot of competitive products out in the marketplace that we have seen to opening up in terms of the available products. The the full risk spectrum release, so we've got lenders that are going in. So the more higher risk customers. We've also seen products being offered at the top end of the markets to lower quality customers.