» Credit organizations do not take vacations; some will show an individual approach

Credit organizations do not take vacations; some will show an individual approach

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There are many credit organizations in Armenia. If the number of banks does not exceed 17, the number of credit organizations reaches 43. Due to the coronavirus epidemic, banks, with one exception, announced a loan vacation. They promised not to classify citizens in case of delayed loan repayments (not included in the "black list").

Credit organizations are easier to lend, but many times more stringent. There is a large group of citizens who have taken out loans from credit organizations.