Colac’s $35-million credit card debt Share this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window) Colac and district residents owe an average $4700 on credit cards. Contact the authorby Jennifer Chiu March 14, 2012 COLAC and district residents could owe nearly $35 million in credit card debt. Unlock full access to Colac Herald - Subscribe today! Subscribe Now Share this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window) Tags: Debt