Car loans in Ukraine are becoming more expensive

Experts observe that auto loans are becoming more tight. In particular, as of 3 September, the average real interest rate on loans to buy cars for six years was 18.94% per annum. That is, since August 6, this figure changed by 18.08%. So, within a month the loan has risen by 0.86% on average. While during the previous month the growth rate was within 0.1-0.15%.

Credits for three years have risen at slightly less rate – by 0.79%, to 18.38% per annum.

Source: http://automotoclub.info

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