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Non-banking loan market slows down in 2023, following anti-usury law

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Non-banking loan market slows down in 2023, following anti-usury law
Source: Pixabay

At the beginning of 2023, there has been a decrease in sales in the lending and deferred payment market in Poland. In January, traditional loan financing decreased by 17.8% monthly, while Buy Now Pay Later (BNPL) transactions dropped by 10.2% to PLN 214.7 million compared to December.

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