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  • Saturday, August 13, 2022

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Russia’s delinquent payday loan portfolio hits new high

Lola A. Maravilla Mar 31, 2021
The number of overdue payday loans in Russia hit a record 5.4 million in February, according to credit rating agency Equifax. In total, Russians owe 172 billion rubles ($2.2 billion) to microfinance organizations – very…
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