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Strongest its been all year : Value of non-mortgage loans tops $600 million Newshub 10 hrs ago Priscilla Dickinson © Getty Images. A June Centrix report shows non-mortgage lending is up 38 percent from April to May 2021. © Provided by Newshub Non-mortgage borrowing including personal loans has topped $600 million, the highest level in three years, a new report shows. The June Centrix Credit Indicator Outlook released on Tuesday, shows non-mortgage borrowing, including personal loans, buy now pay later, vehicle financing and credit cards, was up 38 percent in May compared to April - the highest level since 2018.  Centrix managing director Keith McLaughlin said the latest data indicates Kiwis are borrowing more to buy cars and other luxury items. Use of buy now, pay later has increased slightly and demand for credit cards is flat.

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