22:46 24 February 2026
Every fifth Pole taking loans to pay off other debts
Easy online access to loans makes borrowing simple, but repayment can be difficult. According to a 2025 survey, 20% of Poles took out a non bank loan solely to repay earlier debts, a warning sign of a growing debt spiral. Many consumers frequently use short term loans, while the average cash loan amounts to about PLN 26,000 over 46 months. Without careful planning, this can overburden household budgets. The Credit Information Bureau (BIK) has joined the “Stop the Debt Spiral” campaign to promote financial education and monitoring of credit history.
Experts stress that monthly installments should not exceed half of income and that new debt should not be used to repay old obligations.
