Banks Say No Baby Loans Can Be Good For Loans

Banks asked hvg.hu for sources, and they did not receive a guideline from the Ministry of Finance stating that they could not extend a baby loan to take out a loan.

Napi.hu has also asked several banks and the Hungarian Banking Authority, as well as the Ministry of Finance, to find out whether banks are in the position to refuse to give baby loans for repayment.Banks Say No Baby Loans Can Be Good For Loans K&H, Erste, CIB and Budapest Bank have also told Napi.hu that they have not yet received such guidance, nor are they aware of any such expectation. The Hungarian Banking Association is not aware of such a request either, and the PM has not responded. , where you have previous credit, the bank does not have the cost to pay off the loan you borrowed earlier, the Index reports.
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