NSF checks, difficulty repaying a loan … Banking accidents are accelerating

For some families, the hellish spiral of the accumulation of bills begins. According to the Banque de France barometer, the most problematic point concerns the national personal loan repayment file (FICP). This file lists the people “who have encountered difficulties in repaying a consumer or real estate loan, contracted on a personal basis, as well as people in a situation of over-indebtedness”specifies the Bank of France.

More and more checks bounced

There is also an increase in the incidents recorded in the centralized control file. This means that the number of people who have written bad checks or withdrawn their credit card after misuse is increasing.

Thus, the Bank of France “notes a return to the 2019 flow for FICP enrollments, whose volume has increased by 17% compared to September 2021. In total, the increase remains 18% from the beginning of the year”.

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Improper card payments on the rise

Clearly, 67,535 people are registered in the national personal loan repayment file, or 9,763 more people than in September 2021. Since the beginning of the year, 592,974 people have had difficulty repaying their credit against 502,798 people, or almost 90,000 more in one year, compared to the same period. This mainly concerns the repayment of consumer loans.

People who have suffered a check or credit card accident are up slightly in September 2022 compared to last year (+ 1%) but the increase is more evident over a year (+ 11%). Improper bank card payments recorded the highest increase (+ 21%). More than 611,000 people are registered in this centralized control file in September 2022. That was 61,000 fewer a year ago.

What is the situation of over-indebtedness in France?

The news is a little better on the over-indebtedness front. In September 2022, “the number of over-indebtedness cases is identical to that of September 2021”. In the first nine months of the year, the decline even reached 8% compared to the same period in 2021.

Since 2014, the archiving curve of over-indebtedness has been decreasing, but since 2020 it tends to rise slightly. But at much lower levels than eight years ago, when around 230,000 files were filed against around 120,000 last year.

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The profile of overindebted people

According to the Banque de France, among the main causes of over-indebtedness, there is a decline in resources, followed by dismissal or a period of unemployment, illness / injury / disability, separation or divorce, etc.

Over-indebtedness mainly concerns women (54.2% in the last quarter) and more people aged between 35 and 54 (46.8%). One third of the files filed relate to people over the age of 55. Three quarters of the over-indebted people are tenants.

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