non-bank financial institutions

By mid-2023, the credit market in Bulgaria is in a peculiar situation. While interest rates on loans throughout the eurozone are skyrocketing and lending is suffocating, the situation in our country, at least at first glance, is far calmer. What do the data from the Bulgarian National Bank (BNB) show about the situation of the credit market …

It seems that the amendments to the Consumer Credit Act will be approved by parliament. According to the advocates of these amendments, they will benefit the consumer, protecting him from some allegedly bad practices of credit institutions. However, politicians often pay attention only to the visible effects that a law creates …