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One in four Polish millennials struggling with debt: report

PR dla Zagranicy
Alicja Baczyńska 09.04.2018 12:28
A quarter of Poland’s millennial generation faces problems with settling their debts, the Credit Information Bureau (BIK) has reported.
Photo: 1820796/pixabay.com/CC0 Creative CommonsPhoto: 1820796/pixabay.com/CC0 Creative Commons

The total debt of Poles aged between 18 and 24 is edging towards PLN 1 billion (EUR 240 mln, USD 290 mln), the bureau said.

There are some 630,000 debtors in the 18-24 age bracket, accounting for a total of 1.1 mln loans.

Up to 33,000 millennials ran up debts in 2017, with the total of unsettled loans in this group reaching PLN 872 mln.

While millennials account for ten percent of adult Poles, their debts constitute one percent of all overdue payments in this country. (aba/pk)

Source: Money.pl

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