Despite rising prices, over-indebtedness marks a further decline

Posted Apr 9, 2022, 2:58 PMUpdated on Apr 9, 2022, 3:00 PM

The rise in prices does not, at this stage, worsen the financial situation of vulnerable households. Despite inflation at 4.5% in March, the number of over-indebtedness files filed with the Banque de France continues to fall. According to the financial inclusion barometer published on Friday, 29,437 applications were filed over the first three of the year with the services of the Banque de France, against 33,520 over the same period in 2021. A drop of 12%.

“The trend since the start of the year has also generally followed the same upward seasonal curve as that recorded in 2019 and 2021”, notes the Banque de France. If the latter does not include the year 2020 in its analysis, it is because the confinements have caused the number of filings to collapse, although the regional branches of the Banque de France have remained open – with which an over-indebtedness procedure can be triggered.

Leave a Reply

Your email address will not be published. Required fields are marked *