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This news article was originally written in Spanish. It has been automatically translated for your convenience. Reasonable efforts have been made to provide an accurate translation, however, no automated translation is perfect nor is it intended to replace a human translator. The original article in Spanish can be viewed at Bajan los impagos de las familias en las compras a plazo

Down families defaults on purchases in the term

14/09/2009

September 14, 2009

As reported by the National Institute of statistics (Ine), in the month of July the amount of the unpaid effects by Spanish families was 998 million euros, 51.9 per cent less than in the same month of 2008. Not only decreased the total amount but also the number of outstanding effects, 454.974, 26.4 per cent less than in the month of July 2008.