One in every 10 Portuguese asked for a loan to pay bills

in News · 27-05-2020 10:08:00 · 0 Comments

One in every 10 Portuguese has had to apply for a new loan to pay bills

Among the 18,000 respondents in a study by Fixando, more than 40% said that they will be out of money within 30 days.

The survey highlights the cash flow difficulties that Portuguese are facing because of the new coronavirus.

More than half of the loans requested (52%) are related to personal credit, while 28% are linked to home loans and 19% to car loans.


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