Categoria em payday cash loans

Alterations in payday loan market — more accountable financing, less indebted

Alterations in payday loan market — more accountable financing, less indebted

Into the half-year that is first of, the amount of pay day loans awarded in Lithuania reduced by two thirds 12 months on year, whereas the total amount lent to customers halved. Credit lenders assessed customer solvency more responsibly. When it comes to time that is first history, credits overdue reduced in number.

‘Changes are obvious. Active direction, stricter needs regarding the Law on Consumer Credits that arrived into force at the beginning of the year, and competition forced credit loan providers to basically alter their approach and evaluate customer solvency more cautiously. Ler mais