One in six Australians is already having problems repaying their debt even without the added burden of rising interest rates, a new survey has found.

The research, released by business information service Veda Advantage on Tuesday, also found that more than 20 per cent of people applying for credit during the next six months say they are having difficulty paying debts.

Nearly a quarter of those struggling to pay bills owe more than they did a year ago.

While the majority of families was managing credit responsibly and continuing to pay down debt obligations, a small but sizeable group was struggling, Veda Advantage general manager Russell Evans said.
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