Tuesday, June 16, 2015

More than a third of the credit is to buy car – Jornal de Negócios – Portugal

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More than a third of credit is to buy auto

The acquisition vehicle is still responsible for the largest growth in consumer credit. More than 35% of new operations in April were related to car loans, according to data released by the Bank of Portugal.

For every 100 euros granted on consumer credit, more than 35 euros are destined to shopping cart, show the data of the Bank of Portugal. This financing segment has been the main reason for the increase in concession …

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