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Frankston mortgage stress jumps 22% as financial help comes to town

Key points

  • Frankston households struggling with mortgages, rent and everyday costs can get free, face-to-face financial help at Frankston Arts Centre on Tuesday 20 October. The Bring Your Bills day is run by South East Community Links.
  • New data estimates 7,818 Frankston households are under mortgage stress, up 22.4 per cent over the past year. South East Community Links CEO Peter McNamara says many households are being pushed to put groceries on credit or delay bills.
  • Services on the day include financial counsellors, banks, energy and water retailers, Centrelink and legal services.
Frankston mortgage stress jumps 22% as financial help comes to town
Photo: Frankston City Council

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Continue reading · Frankston City Council
Disclaimer

This is an AI-generated summary based on reporting by Frankston City Council. It may not reflect every detail of the original story exactly. Tap “Continue reading” above for the full, original article.

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