BPFI report shows the average car loan increased by €955 to €11,922 in the second quarter of 2023
The number of car loans rose by 35.9 per cent year on year between April and June. Photograph: Agency Stock
The figures are part of the BPFI quarterly personal loans report, and are the highest volumes and values since the data series began in 2020. The BPFI report shows that the total value of personal loan drawdowns in the second quarter of this year also reached a record high of €539 million, with a total of 56,385 drawdowns.
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