Tight grants take more credit

Spent: 15 augusts 2003,16:42 VOORBURG - the municipal credit banks, where people last agency rightly can for a loan, supply more and more money. By economic discomfort people buy moreover more on the pow at mail order companies. That becomes clear from figures which it (CBS) Friday has announced. In the first six months of this year provided municipal credit banks for 64 millions euro to loans. That 17.9 percent is more than in first half of 2002. municipal banks lend money to people who not at commercial banks rightly can because they in the past them debts could not relay. According to President h. Dilg of the Dutch association of Volkskrediet, the cupola of municipal credit banks, work economic discomfort ambiguous. People are correct at us direct credit. Moreover people come more often in problems as a result of which they lose their kredietwaardigheid. They come then at us correct. Beside the municipal credit banks many people zoeken solace at mail order companies. These shops, where against relatively high interest goods on credit buy to be, lent in the first six months of this year 263 millions euro. That is 10.1 percent more then in the same period previous year. That is partly also people who cannot at the commercial banks rightly for loan, thus Dilg. Rather it was confessed that there by the economic involution and incurring unemployment a truth run has arisen on help with debt problems. In the first three months of this year took it number of families of that appealed to municipal credit banks with 40 per cent with respect to the same period in 2002. In sum names Dutch in the first six months 3.1 percent more credit to a debt of 16.4 billion euro. These relatively small increase is explain by poor faiths of consumers in the economy. Because of this they put expensive buying. That the loans by municipal credit banks increase, come because financially zwakkeren money necessary to continue keep for their maintenance. Economic discomfort ensures moreover that Dutch more will save. By earlier losses on impact grant, is them less inclined money to put in shares. According to CBS have Dutch in the first six months net 6 percents more euro paid on spaarrekeningen then in the same period previous year. In sum they had in June for 178.1 billion euro on spaarrekeningen. (c) DUTCH PRESS AGENCY
Source "tight grants takes more credit": now.Netherlands

Head index page of "tight grants takes more credit"