Many Borrow Money to Cover Everyday Expenses

Kronen Zeitung

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Whether it's car, food or housing costs, many people have to borrow money to finance their everyday lives. Over the past two years, more than 40 percent of Austrians have borrowed money – mainly from family members (47 percent), but also from the bank (40 percent). This was the result of a representative survey conducted by the market research institute Civey on behalf of BAWAG. In addition to spending on the car (28 percent), the surveyed adult…

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VIENNA. With just under half of the respondents, the loaned money was less than 1,000 euros.

SALZBURG24

Factuality

Ownership

Because costs are constantly rising in everyday life, more and more people in Austria are borrowing money – mainly from family members, a recent survey shows. Loans from banks follow.