Sales of loans in December below expectations

According to CRIF data, compared to November, in the last month of last year, 9.6 percent more payday loans were granted, and the amount increased by 11.8 percent. However, sales are weaker than expected.

December is the month when consumers buy the most, therefore this month is characterized by high hopes on the retail, credit, and loan markets. This period was particularly important because it was associated with the hope of making up for the losses caused by the pandemic and the…