Month: July 2019

Unsecured consumer credit is increasing

The increase in unsecured consumer credit from the Bank of Finland is attributable to the fall in interest rates. In 2016, interest rates on unsecured consumer loans fell by almost one percentage point. In March this year, the average interest […]

A Positive Credit Record is on the Consumer Side

Good lending practices emphasize the lender’s responsibility, including when assessing a consumer’s creditworthiness. It should be possible to assess the borrower’s financial circumstances on the basis of the best information available and to scale the credit to be granted accordingly. […]

Bad Credit History?

What happens if you find yourself at a golden opportunity like this, for example, to attend an interesting training that you expect all year long but do not have enough money to attend? What are you going to do? Will […]