Customer charcteristics for pay day loans in Poland

Customer charcteristics for pay day loans in Poland

Even as we mentioned earlier, 4% associated with borrowers in Poland have actually debts because of the personal bank loan loan providers. In accordance with the PWC report, the fundamental faculties of households with debts to lenders that are personal other institutions are fairly comparable. They will have an identical framework of training, main income, and put of residence. Truly the only distinction is that less borrowers with debts to personal bank loan organizations (11% vs. 16%) are now living in the more expensive Polish urban centers (over 500,000 inhabitants). But, the households whom borrow from individual loan providers have been in a a lot more difficult situation that is financial and about 50% stated that they are able to hardly pay the bills. Also, 29% of households have actually debts to both personal lenders along with other institution that is financial. Continuer la lecture de « Customer charcteristics for pay day loans in Poland »