Is it the final end of this fashion for payday advances or simply a modification of the requirements of borrowers?
Initial data show that in 2017, around 1.5 million Poles benefited from payday advances. This might be a whole lot, but an equivalent wide range of consumers of creditors was recorded in the year that is previous1.56 million in line with the report regarding the Conference of Financial Enterprises). The weaker development characteristics of this non-bank loans market have now been mentioned for several months, and its own main reason is always to function as the increasing financial predicament of Polish families because of the 500 plus system. Does this suggest that loan providers need certainly to bother about their future? Definitely not. (más…)