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LOANS RATE COMPARSION

25 years ago, the wall fell and the two German states separated up to this point became once again a common state. However, the differences between Germany and the former GDR are not completely balanced in all areas. In addition to the differences in wages that prevailed before, there are also differences in financial behaviour. For example, a large German online comparison portal has examined the credit behaviour of East German citizens with the West German citizen. The result of this study revealed that people in the East apply for less credit than people in the so-called “west” of the […]