How Will Ir Rises Affect Debt Shares

[OzzMosiz]

I'm curious if anyone knows, but with Interest rate rises soon to go up (or at least possibly go up), this will affect peoples debt issues, by the banks increasing debt repayment rates. Will companies like DFD, Debtmatters and Accuma see an influx of people needing help?

Could this be a bear market on debt management companies, or has it run its bubble already?

[Unexpected]

I'm curious if anyone knows, but with Interest rate rises soon to go up (or at least possibly go up), this will affect peoples debt issues, by the banks increasing debt repayment rates. Will companies like DFD, Debtmatters and Accuma see an influx of people needing help?

Could this be a bear market on debt management companies, or has it run its bubble already?

Dont think its run its bubble already with DFD up almost 4% today. Good point about IR going up though. Another rise might be enough to make many of the indebted throw in the towel and contact these debt companies to solve their problems.