Such loan products were preferred by Finnish consumers in 2022.

[Lolly Depp]

Consumers apply for loans for various needs. In some cases, the need for money is very urgent, but perhaps short-term, and in some cases, additional money can be used over a longer period of time. 2022 was a record year for consumer loans disbursed, with loans other than car loans already disbursed in the amount of 237 million euros. For example, Laina Finance displays various unsecured loans on its website. Unsecured consumer loans from Finnish lenders account for 69 percent of all household consumer loans.