Payday loans in the United States
Number of people default on loan, card payments falls in 2023
The number of people with unpaid consumer loans and credit card payments declined by 11.6 percent last year from 2022 to 1.32 million, according to data Encazip compiled.
In 2022, nearly 1.5 million people failed to make consumer loans and credit card payments, according to the numbers of the Turkish Banks Association's (TBB) Risk Center.
Commission approves Greek plan to protect primary residence
The European Commission said on Thursday it has accepted Greece's plan to protect the primary residencies of debtors who cannot repay their mortgage loan.
"The Commission concluded that, with respect to individuals, including those performing an economic activity, the measure does not involve any state aid," it said in a press release.
Greeks willing to pay to keep money safe
Greeks are resorting to negative interest rates, taking their money out of local lenders and placing it in foreign bank accounts – in effect choosing to pay a premium for the protection of their capital.
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