Consumer loans for debt consolidation up in Q1 2016

Nassau Guardian - Thursday, August 16, 2016

The bulk of the 9,126 consumer loan applications in the first quarter of 2016 (Q1 2016) was for what The Central Bank of The Bahamas (CBOB) termed “consumer deleveraging”, or debt consolidation. And the overwhelming majority of those loans that were denied were denied...read more

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