3 percent of bills never paid

24th May 2007, Comments 0 comments

24 May 2007, THE HAGUE – Some 3 percent of the bills sent to consumers in the Netherlands never get paid. In the business sector 1.8 percent of outstanding payments are never paid. This last figure is about equal to the European average.

24 May 2007

THE HAGUE – Some 3 percent of the bills sent to consumers in the Netherlands never get paid. In the business sector 1.8 percent of outstanding payments are never paid. This last figure is about equal to the European average.

These figures emerged on Thursday from the European Payment Index, a study carried out every six months by collection agency Intrum Justitia.

According to Marc van Alphen of the collection agency, the failure of the Dutch to pay is due to the fact that they regularly have no money on their account to pay the bills. Even though the economy is improving, consumers are still not benefiting.

The costs for healthcare, power and petrol are all rising, while the average pay increase is lagging behind. "So consumers saw their pay increase disappear pretty quickly," Van Alphen says.

[Copyright Expatica News + ANP 2007]

Subject: Dutch news

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