the use of consumer credit increases to make ends meet

Going into debt to balance their budget at the end of the month, more and more French people are faced with it and decide to use consumer credit. The number of requests is on the rise again with 360,000 subscriptions in 2022. Today, they are mainly used to cope with rising prices.

The number of credits jumped 15% in one year

In Toulouse (Haute-Garonne), Latifa, a town hall employee, took out a consumer loan a week ago precisely to be able to pay for part of her shopping. “I took 1,000 euros to finish the month or two months. The salary is not enough, everything is too expensive, we can’t do it”she laments. In a household appliance store, the number of credits jumped 15% in one year for emergency purchases. However, the French are decreasing the amount borrowed due to rising interest rates.