In July, more than a thousand auto loans were issued in Kirov Oblast.

In July, more than a thousand auto loans were issued in Kirov Oblast.

      In July, residents of Kirov Oblast took out 1,082 car loans totaling 1.23 billion rubles. Compared with June, the number of loans rose by 13% and the total amount increased by 15%, the United Credit Bureau reports. The average loan amounted to 1.13 million rubles, only slightly above the June level. At the same time, the loan term in the region remains one of the shortest in the country — just 59 months. By comparison, across Russia car loans are taken out for almost five and a half years on average.

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In July, more than a thousand auto loans were issued in Kirov Oblast.

The average loan term turned out to be one of the shortest in the country.