Value of consumer credits hit record in 2014

Poles borrowed 7,600,o0o consumer credits last year which valued almost PLN 78 billion, an increase of 11 percent year-on-year, according to the Credit Information Bureau. Such factors as the unemployment rate in Poland, the general economic situation and Polish lenders' policies could impact this phenomenon. The quality of the loans is higher than in years 2007-2008 and Poles have been paying their debt off "well", the president of the Bureau Mariusz Cholewa said.