There has been a major recovery in the credit sector in the last period. This is basically thanks Reduction in interest Managed by the European Central Bank (ECB) during the month of October 2024 25 basis pointswhich was expected to work. Federal Reserve (Fed), which is in November 2024. Reduction in rates. All this has opened up perspectives that appear decidedly new, which banking institutions are capable of. Secure more personal loans.With beneficial conditions for customers.
Affordable loans.
A detailed look at the paid off personal loans reveals this. The best Taeg It is guaranteed 7.22%. A fact highlighted by the Prestigionline Observatory. The comparison with 2023 makes the data certainly interesting: a maximum value of 7.64%.
Considering the new value for money criteria, this results in a more “quiet” device A notable addition asked for Loans. This does not mean that institutions have suddenly become less restrictive in terms of creditworthiness checks and beyond. Certainly, however, The number of approvals increasedGiven the high demand from consumers who see this as an auspicious moment to finance personal projects, save on costs.
Credit against loans
gave Motivations Many consumers using credit are indicative of the difficult times we are experiencing. According to data collected by the portal, in fact, 29.5% In this way it intends to deal with some problems. Immediate expensesperhaps unexpected, and Bill.
Practically, you are looking for a way to reorganize your daily life, pay off your debts and pay them back in installments with a lender. Here are other elements that shed light on the condition of the average Italian:
- Shopping Used vehicle – 18,4%;
- Stability of Previous financing (17.7%);
- Amounts between 5,000 and 10,000 euros – 24.9%;
- are for the highest amount (19,600 euros on average). Strengthen other financing;
- Purchase of oneNew car or offers the second highest amount at zero kilometers (16,600 euros on average).
- gave Home renovation (average 14,800 euros) provides the third highest amount.
Italy and credit, more confidence
The relationship between Italians and the application of credit has clearly evolved. Before that, in fact, a certain mistrust reigned. There A culture of mindfulness This forced our parents and grandparents to stay away from banks, where possible, except for mortgages, at other times and with other benefits.
Therefore, giving has always been preferred. Priority over collectionSeeing debt as a trap, not an opportunity. However, what to do, when the cost of living prevents you from deducting a significant amount of your monthly expenses, to be able to achieve your goals in an acceptable time?
The sector has been facilitated in recent years. New toolsWhich made the most hated and feared episodes seem normal and useful. Think of the trend of PayPal, Afterpay, Klarna and more. Make your purchases with peace of mind, maybe during Black Friday, save big and pay off in as little as three months, at no cost.
Today, personal loans are a much more attractive option. However, the main reason for this is its versatility and in some cases the speed of approval. We do not proceed with cost estimates and are not required to justify the use of funds. The air is changing, therefore, even if for many it means trying to make ends meet, rather than improving their situation.
