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A study of Australia's largest credit-reporting has shown many Australian consumers are worried about their ability to pay the bills.

The Veda Advantage study indicate that the repayments is a major cause for concern for three quarters of Aussies in debt.

Rising prices, with some commentators expecting inflation to reach 4.6 percent in 2008, caused more than half of respondents in the study is the biggest concern about their ability to meet their bills. This was followed closely by rising interest rates, which makes it harder for many Australians to repay their mortgages.

Other factors that Australians headaches when it comes to repay their bills, increased transportation and fuel prices, the cost of food, health and costs.

The study, conducted by pollster Galaxy Research Veda Advantage, including the amount of new debt, which consumers had decreased slightly to 15 percent. But rising mortgage payments, higher interest rates, was fourth as a reason for consumers, the more money is owed. Buying a car, a house or an unexpectedly high bill was also considered one of the main reasons for the debt into which many of those whom they were found deeper in debt.

A Veda Advantage spokesman said that although 62 percent of Aussies have had their repayments, although they are concerned, 16 percent, the debt, the majority of their budget. A staggering 91,000 people said they were not sure how they wanted their next bill.

A separate poll rating firm Dun & Bradstreet has shown that a growing number of Aussies expect to run into financial difficulties. The poll by Newspoll, showed one in five people expect to pay for something they can not afford on their credit card.

Young people are the most likely to their plastic to cover the cost, with women aged 18 to 24 are most likely to say that this tactic. Older people who are over 50-year-olds are less likely than any other group, their credit card to cover the expenses they can not afford, according to the study.

Debt are not just those with low incomes. Aussies who earn $ 30,000 to $ 70,000 expected that problems with credit card, with one in four in this band expect to use their credit card to pay for articles they can not afford, says the study.

The Veda Advantage study debt secured Dun & Bradstreet results, which showed that 1 of 4 Australians expect that in more debt.

Worryingly, 1 in 5 low-income Aussies that they do not expect to pay more than the required minimum monthly repayment on their credit cards, twice the national average. Eighty percent of the income of more than $ 70,000, on the other hand, believed they would be paid more than the necessary minimum.

Credit-file provider, Veda Advantage, has reiterated its call on the government to protect Australians from debt increasingly stressed by a change in the law to provide more information to be shared credit.

Tristan Dunston is a public relations consultant specializing in finance and privacy matters. He enjoys whitewater canoeing and photography.