Personal borrowing rebounds

  • 2013-08-30
  • From wire report
TALLINN - Fifty-four percent of Estonian residents have taken a loan over the past five years, with the majority of them having borrowed only from banks, show data from a fresh TNS Emor study, reports Postimees Online.“A little over half of Estonians have over the past five years taken out loans. The most popular form was the use of a credit card, followed by housing loans and small or consumer loans,” said TNS Emor research expert Jaanika Hammal.Hammal said that small loans are taken mainly by 50-64-year olds, who most likely have a stable income but not enough to af...
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