The crisis, which is still in full evolution, has led to profound changes in the Italian financial behavior, called to face an absolutely exceptional situation that has changed its behavior in depth. Even the financial sector, however, is now called to model its behaviors on the basis of the profound transformations taking place, as the new study by the E-Money Observatory indicates, which has taken an eloquent photograph of how the crisis is acting in-depth on the credit sector.
In particular, according to the study carried out, if obtaining a loan still remains complicated, at least the costs that it may entail have decreased.
A circumstance favored also by the numerous comparators
Who has also marked the web in our country, prompting financial institutions to adapt more or less quickly? In E-Money’s analysis, one figure immediately stands out, that minus 58% on interest rates relating to personal loans, which at least leads to hope for an evolution capable of increasingly equating the Italian credit sector with that of other European countries.
However, it is necessary to specify that the data in question holds within everything and that in order to find truly competitive and favorable offers, it is necessary to analyze the proposals in detail and, above all, compare them with each other, trying to discover their strengths and possible weaknesses.
The first half of the current year was characterized by a 65% drop by the average Tan against the figure recorded in 2012, settling at 6.24, compared to 10.28. Even the average Taeg recorded a drop of up to 7.56%, a decrease of 58% compared to 2012.
Data thanks to which, on a loan whose value amounts to 10 thousand dollars to be repaid in twenty-four months, you can get there to pay up to 350 dollars less. These are in fact not very high figures, which however show a trend which could consolidate over time, with further savings for customers.
Among the types of loans
The constant increase recorded by loans for home renovation or furnishing purposes should be highlighted, which in the period considered by E-Money recorded a leap forward from 14.8% of the total requests to which in 2012 they had reached 41.1% today. A figure that seems to indicate in particular the beneficial effects deployed by the eco-bonus granted by the government for the renovation of buildings and their conversion to energy efficiency. At the same time, travel and ceremonial loans also grew by over 15%.
A figure which, however, should be viewed with some concern, as it would indicate the constant deterioration of family economies. Where before it was enough to try to slightly reduce expenses, today it has become necessary to resort to the banking or credit channel, a clear sign of erosion of family financial resources.
To this first sign of evident difficulty
Is added the real collapse recorded by the requests for loans by workers with permanent contracts, which amounted to an extremely significant minus 30%. The figure speaks volumes about the transformations taking place in the labor market, with a category, that of workers with a permanent job, which has now become a small minority, in the midst of a myriad of precarious workers, with fixed-term contracts.
Another figure to be taken into great consideration is that relating to loans relating to pensioners, which is also growing, as was foreseeable, for example, for one of the categories most affected by the recession. A fact that derives from the need for many retirees to financially support children and grandchildren who may have lost their jobs or just can’t find it. A picture therefore in chiaroscuro that presented by E-Money, from which we can deduce the profound transformation taking place in Italian society.