Polish pensioners with PLN 3.11 bln debt - report

According to data in the National Debt Registry (KRD), there are 238k indebted pensioners in Poland with PLN 3.11 billion debt combined. In 12 months, the value of pensioners debt increased by PLN 350 million. The average debt stands at PLN 13,000, and the record-holder, a 78-year-old resident of Silesia Voivodship has PLN 8.4 million in unpaid bank loans. “The low pension and the deepening financial problems are causing the Polish pensioner to look for alternative sources of finance. With just an ID and the last month pension slip can get you a bank loan easily,”  chairman of the Board of the National Debt Register Adam Łącki said. The most indebted retirees (65 percent) are people aged 60-69, who have recently completed their work. Their debt amounts to 2.17 billion.