Survey: 60% Hungarians make late mortgage payments
A representative survey from Deloitte and Scale Research revealed that approximately 60% of Hungarians with mortgages confessed to making at least one late payment on their loan, an increase of 44% as compared to a survey completed two years earlier.
The survey also showed that 62% of Hungarians with mortgages anticipated difficulties with repayments, a decrease from the 70% reported in the previous survey. Some 56% were afraid of becoming borrowers and almost two thirds of the Hungarian surveyed would take out loans as “a last resort”. About 47% of Hungarians thought the range of banking services and products were hard to navigate, down from the 55% of the previous survey.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.