March 30, 2020

The debt of families is reduced by 0.3%

The families’ debt fell 0.31% in October and stood at 704,797 million dollars, which is 2,184 million less than the previous month, according to data from the Instant Care Bank. However, household indebtedness continues in 2017 at levels prior to the start of the economic crisis , which has led families to gradually reduce the loans contracted, thanks also to the drop in interest rates and the lowering of interest rates. credits Thus, it remains at its lowest level since May 2006 (700,885 million dollars). The decrease in the debt of families in the eleventh month of the year is due both to the decline in consumer loans and loans…