The demand for this type of product begins to suffer after the increase in financing costs, according to the Bank of Spain
Financing the purchase of a car, an appliance or a trip is becoming more expensive. It costs more to pay these acquisitions in installments, even if the installments of the loans or the cards remain intact.
This does not mean that the client is not assuming a higher cost, due to the extension of the terms of that financing. to the extent that
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