Credit cards are the bomb in the portfolios of Poles. For now, have not yet antler, but the banks have no problem with it. – It is a problem, but not a drama – calms Remigiusz Kashubian Association of Polish Banks.
All is well, when the credit card debt is repaid over a period bezodsetkowym (Eng grace period). It is, depending on the card issuer, up to 56 days. After this period you are charged interest on the amount of the loan.
For the card issuer, in Poland in 90 cases out of 100 is a bank, the issue is more complicated. – Already at the time of issue of cards, the bank has to create a reserve of 1.5% of the loan – explains Remigiusz Kashubian. However, if the customer does not repay the debt for 3 months, it already has a reserve of 20%, after 6 months, 50%, and after years of maintaining debt – 100%. This means that if the card user does not repay the debt by the year of EUR 10 thousand. PLN, the bank has “frozen” 20 thousand. €.
Reserve banks have to grow into one in recent times, because it is clear from the Conference of Enterprise Research Institute of Finance and Economic Development SGH, more and more people are in credit card. In January of this year, repaying only the minimum required amount of 25% of users said the cards. In July this year. the declaration made a nearly 29% of users.
Quantity spłacających whole debt within bezodsetkowym fell in July by half a percentage point, compared to January (from 39% to 38.5%).
However, given that the debt on credit cards to only 13% of all consumer credit, it does not appear in the event of threats to the Polish banking system, as happened in the United States last year.
Because of the need for the establishment of more reserves, banks are now closely looking at applications for new credit cards. The more so that the data from the labor market does not napawają optimism. – We recognize that the situation does not improve the borrowers, not rising salaries – says Kashubian. For this reason, among others banks associated in the Association of Polish Banks are not waiting for the recommendation of the Financial Supervisory Commission on the credit card, but now they are approaching the issue of care.
This does not mean that there is no chance of getting a credit card. Certainly not with such a limit, as ever, and perhaps not with the machine when setting up a bank deposit. – Assessment of the capacity credit is more restrictive than two years ago – the Kashubian.
However, it is a very useful tool in managing the household budget. Remigiusz Kashubian argues that plastic money can be used to save up. How? Simply salary immediately put in your savings and current purchases made by credit card, be associated with a loyalty program (eg, refunds for purchases or counting points in the Partner Program at the gas station). On receipt We have yet to extract the date on which the period ends bezodsetkowy and repaid the entire debt. In this way, gained the interest from your savings or investments, and an additional bonus of a frequent flyer program.
It is important that expenditures do not exceed your monthly income. – Your credit card is for the people responsible and disciplined – Kashubian stresses. According to him, you must adhere to the principle of “do not buy things that can not afford me.”
This sort of philosophy is still difficult to convince the Poles, because we are still a nation at the output. – People are still hungry consumption – the Kashubian. Therefore, Polish Banks Association seeks to educate members of cards as a reasonable use of credit cards. To this end, the portal was launched kartybeztajemnic.pl where you can find the information and advice.
Excessive debt on credit cards can lead to social protests.
