The YouGov Institute conducted a survey to measure opinion indicators, commissioned by the Bank of…Team BankA survey was conducted to determine the forms of financing used GermansThe survey included 3,160 people between the ages of 18 and 79 years during the past months of June and July.
According to the survey, a total of about 73 percent of Germans have used at least one financing option before. 38 percent stated that they resorted to purchasing via CreditWhile another 29 percent said they used overdraft facilities at their bank. Another 26 percent chose Buying via installmentswhile 28 percent obtained loans for larger purchases, such as Real estate.
Team Bank stated that those who have more money are more likely to use financing. According to the data, 46 percent of those who previously obtained a loan for larger purchases have a monthly net household income of at least 4 thousand euros.
The picture is different for people with lower income, as 13 percent of those with a monthly household income of less than 1,000 euros chose to pay. purchases Large loans or resorted to a loan Installment Classic.
However, 27 percent of those surveyed said that they do not resort to the financing option, and 56 percent stated that they only use it in exceptional cases.
30 percent of Germans expressed concern that they would not be able to meet their payment obligations on time. The poll also showed that about a third Germans They have less monthly money available than they did a year ago.