Rising prices: families are increasingly using consumer loans – Le-pret-immobilier.com

Households prefer consumer loans to improve their purchasing power

According to Meilleurtaux, the production of Consumer credit, less than 2,000 euros, by 40% in March compared to January and February. Loans between 2,000 and 5,000 euros increased by 25%. Taking into account the first quarter, personal loan production increased by 16% in one year, reaching 3.5 billion euros.


“Consumer credit relates to transactions other than those related to real estate. It allows you to buy consumer goods (furniture, household appliances, etc.) or save money. The amount of credits is between 200 and 75,000 euros.”

this is The upside in small consumer loans Coincides with Standard inflation rate : + 5.2% in May in one year. The CSA Research/Cofidis barometer also estimates that French households will need an additional 490 euros each month to avoid financial hardship. For the association 60 million consumers, resulting from inflation and a general rise in prices Additional cost €90 per month And every family.

Payment accidents on the rise for a year

In addition to consumer loans, more and more families use revolving credits and payments in installments to finance day-to-day projects, but also fees and running expenses.

According to data from the French Federation of Financial Companies (ASF), consumer credit for the purchase of used cars increased by 2.7% between the first quarter of 2021 and the first quarter of 2022. In the same period, credits for household equipment needs increased. 5.4%.

Since the beginning of the year, 11 million euros of consumer loans have been lent to French families. If some see this as a practical and quick solution to obtaining financing, do not forget that these loans are very expensive. Professionals do not hesitate to point out the interest Redeem credits For borrowers with multiple existing loans. And to add that over twelve months, the number of Files over indebtedness Deposit decreased by 13%, while individuals are facing increasing difficulties in meeting their monthly payments, Recovery accidents by 14% over the same period.

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