More than three million Czechs or 44 percent of the economically-active population had some debt last year, according to data from the Bank and Non-Bank Client Information Registers, CTK, the Czech News Agency informed. The figure is comparable with Germany where about one in two people have debts, said Vladimir Vachel, an executive of debt collection company EOS KSI. "We register 48 percent of outstanding debts lower than Kc10,000 - mostly unpaid goods and services, with average per capita debt at Kc20,375," Vachel said...Consumer loans are in decline as people do not consider them an investment in the future unlike mortgage loans, he stated. Read the article.