The lendtech market in Poland
Krzysztof Przybysz, LOANDO Group CEO, commented: Lendtechs are a relatively new concept. The word describes financial institutions operating exclusively online. This fact in some way...
According to BIK and BIG InfoMonitor research, as many as 2.79 million Poles are having problems with debt repayment, but this trend does not seem to apply to customers using the services of Internet loan companies. According to loando.pl data, the number of borrowers who repay their debt on time is growing every year. In 2018, the number of borrowers who paid back on time amounted to 83%. This year it amounts to 86%.
Krzysztof Przybysz, LOANDO Group CEO, commented: “The debt sustainability of people using our loan offers is at a very good level and it is constantly increasing and soon it is going to reach the highest European standards. Our customers are breaking the stereotype of a Pole who is borrowing but is not able to repay his debts.”