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Hungary: Number of retail borrowers on “blacklist” jumps 39%

  The number of retail borrowers on a “blacklist” of those who are or were behind on payments rose a marked 39% to more than 900,000 in the Q3 compared to a year earlier, BISZ, which compiles the list, said in a newsletter.

 

Retail borrowers behind on payments for active loans rose 58% to more than 600,000. Borrowers who fall more than HUF 69,000 -- the monthly minimum wage -- behind on loan payments for more than 90 days are included on the list. Borrowers remain on the list for a period of five years. (MTI-Eco)