Loans to families: growing rapidly to meet the needs of children
The most recent data showed a strong growth in loan applications by Italian families: + 13% compared to last year in the personal aggregate + finalized. In particular, loans for the purchase of goods and services increased by 18.4%, demonstrating that the Italians have resumed purchasing through installments products such as cars, motorcycles, electronics and holidays. And it is not wrong to imagine that many families have requested a loan to satisfy the needs of their children, given that in many cases it is they who make use of the most widespread consumer goods.
A survey of the Astrofinance observatory has shed light on the needs and needs of young people (young, very young and even a little less young) who still live in the family, discovering that they are many and very often expensive. First of all because of the crisis, 66% of under-35 Italians live with their parents, a figure that is on the rise compared to 61% in 2007 and much higher than the European average, but instead at 49%. This means that in most cases that 66% economically depends on the father and the mother. What, poor things, to overcome the needs of children are often forced to jump through hoops asking for loans and other forms of financing (sometimes they are so many that it is convenient to group them with debt consolidation ).
What are these needs
But specifically what are these needs? Well, think in the same survey it emerged that the right age to receive the first mobile phone is the one between 11 and 14 years (71%), or the period between the beginning of middle school and that of high school, while only the 21% believe it is right to buy it after the age of 15. Instead, for the first holiday alone, that is without parents, 41% indicate an age between 14 and 17 and only one in four thinks we should wait for the age of majority. Adolescence is also the right time for the first scooter : 57% would buy the first scooter between the ages of 14 and 16, 19% would do so after the age of 17, while 20% would be opposed to the idea of buying a motorcycle to his son. Finally, as regards the age of the first car, for 29% it coincides exactly with the coming of age and for 35% between 19 and 20 years.
Do you understand why there are fewer children in Italy?