To buy or to wait? How to decide whether an apartment under construction is the right choice

Buying a home is one of the most important financial decisions in a person’s life, and most people are especially cautious when choosing an apartment that is still under construction or even before construction work has begun. This is a step that is often described as a risky lottery. Buyers most frequently worry about whether the building will really be constructed and completed on time, whether the promised result will match reality, and most importantly – […]

The “window” for taking out reckless loans is narrowing

Author someone else The Ministry of Economics has prepared amendments to the Regulations on information about payment obligations to be included in the credit information bureau database, which will reduce borrowers’ chances of obtaining a credit that they will later be unable to repay. The Cabinet of Ministers will review the Regulation on 21 October. The Ministry of Economics states that the draft regulation has been drawn up to improve consumer protection and prevent situations where lenders do not have access to all essential information on the consumer’s ability to repay […]