According to the 28th annual report of the Observatory of Household Credits presented in the scoreboard presented, the last fifteen years show a significant decline in all households with loans in repayment.

Credit holding rate by households

Credit holding rate by households

So, according to the source OCM the rate of ownership of at least one loan by French households is 52.9% in 2001 to drop in 2015 to 46.5%, a drop of 6.4% in 15 years.

But it is noted that the category of loans most affected is that of consumer credit. Indeed, its share is 23.8% in 2001, and fifteen years later, it is 16.3% in 2015. This is a net decrease of 7.5%.

In parallel over the same period, the frequency of the use of bank overdraft authorized has increased by 1.8%. In other words, despite a lower consumption with characteristics ” ready for consumption “, the budget management of French households has not improved, on the contrary, it has continued on the downward slope, that is to say, to degrade.

This is why credit repurchase transactions and bundling of loans to improve the management of the individual budget also increased from 2001 to 2015.

Consumer credit holding rate by households

Consumer credit holding rate by households

The rate of consumer credit held by households in 2001 (35.4%) and in 2015 (26%) indicates that it literally dropped 9.4%.

However, this indicator is recovering in 2015 little by little, far from the level reached in the early 2000s.

The finding is that the distribution of consumer credit for individuals is impacted downward by the reform of the law that came into force in 2011, a decline in the distribution of credit cards available to individuals in supermarkets. traders (-4.4%).

Still in the same proportions, the distribution of POS loans fell by -5.7%. Conversely, it is found that households increase the subscription of their personal loan and revolving loan contracts, or work loan with their banker or one or more financial organizations.

Households are starting to consume for projects to achieve sustainable consumption in the long term.