According to recent data, consumer loans are increasing sharply in France. While they were previously employed for the replacement of a household appliance, the purchase of a car or the financing of a trip, today they come to lend a helping hand in times of inflation and make ends meet. difficult. If you need to take out consumer credit soon, here are the 7 mistakes to absolutely avoid.
According to recent data provided by Empruntis, “nearly half of French people currently have consumer credit”. Among these figures, young adults under 35 represent almost a third (28%) of holders when most (69%) are in a relationship, living mainly in the provinces (87%). While 51% of them believe they have adequate purchasing power, the use of consumer credit has recently evolved to help households in need. Recent studies have shown that subscriptions have increased in 2023.
While inflation is still present, the number of loans intended to meet cash flow needs jumped in 2023. It is a study by Meilleurtaux, which confirmed that “more than one consumer credit requested on two (56%) aimed to cover a cash flow need”, as noted by Le Figaro. The amount borrowed, 8,020 euros on average, is nevertheless down significantly while the borrowing period is reduced by two months. If you are looking for consumer credit, however, mistakes must be avoided. We detail seven of them in our slideshow.