The repurchase of credit could well become the good plan of this end of the year, since the budget of the households for Christmas 2011 will be in increase.
The repurchase of credit in the hood
While there has been a noticeable drop in the use of loans for the past few months, some are already predicting a resumption of household debt as the end of the year approaches. Indeed, despite the general crisis that is raging at present, both internally and internationally, the French have decided not to deprive themselves and to have fun for Christmas. Thus, And those who are struggling to make ends meet because of the weight of their monthly loan payments are turning more and more to credit buyback solutions the average budget they plan to devote to end-of-year celebrations would now amount to 606 euros, an increase of about 2% compared to last year.
Buying back credit as a solution to purchasing power
A fatalistic start or, on the contrary, excessive optimism, the majority of French people consider that they are not as indebted as that, after all. An opinion to put in relation to the number of over-indebtedness files which continues to grow from year to year. And those who are struggling to make ends meet because of the weight of their monthly loan payments are turning more and more to credit buyback solutions, in order to free themselves from purchasing power… but also from power again borrow. Because at least 1/3 of consumers plan to use credit to celebrate the change of year with dignity.
In this regard, personal loans should also be particularly popular, in line with the annual trend (+ 12.2% between January and September 2011). On the other hand, revolving credits and other preloaded payment cards should continue to lose ground (-5.6% in 2011), except for exceptional promotion by credit organizations.