More and more people are falling into debt
More and more people are falling into debt: whether due to unemployment, separation and divorce, the death of close relatives, illness or due to a lack of knowledge of money and consumer goods - people are increasingly losing control of their financial situation and are becoming over-indebted. Single mothers and single men are particularly affected.
The majority of private households finance consumer goods through loans There are many reasons why people become over-indebted, because as the Federal Ministry for Family, Seniors, Women and Youth (BfFSFJ) writes in a brochure on the subject of "debt", it is now "for the The majority of private households normal to finance real estate and consumer goods with loans in the long term ”. This is normally not a problem either, at least as long as the payment obligations due can be paid from current income in addition to the living expenses - but if this is not or no longer the case, then the debt turns into over-indebtedness.
Single parents disproportionately affected According to the Federal Statistical Office (Destatis), however, there are ways of life in which high debts occur particularly often: 14 percent of the consumers who visited a debt advice center in 2012 were single parents - a disproportionate value because thus "their share [..] was more than twice as high as their share in the total population", as the statistics experts write in a current press release.
Childless couples comparatively rarely over-indebted According to the office, the proportion of men living alone among the over-indebted persons is also disproportionate, because "more than one in four persons cared for by debt counseling centers (28%) belonged to this group of people" - a value that also far exceeds their proportion the total population. On the other hand, according to Destatis, childless couples are comparatively rarely affected by an overindebtedness situation, because their share was 16%, while the share in the total population is about twice as high.
Debt on average just under EUR 34,000 The amount of debt varied widely. According to Destatis, “those who sought support from a debt counseling center in 2012 had an average debt of almost EUR 34,000 at the beginning of the counseling”, half of whom were advised however, the debt does not exceed around 14,300 euros.
Relatively high debts of young people to telephone companies According to the Federal Statistical Office, “the relatively high debts of young people to telephone companies” were also striking, because “under 25-year-old debtors had on average more than 1,400 euros in debt to this group of creditors, or 19% of their total Liabilities, “continues Amt. On average, however, the proportion of debts to telephone companies was only 3% (845 euros).
Over-indebtedness statistics 2012 based on information from 238 debt counseling centers For the "Over-indebtedness statistics 2012", the statisticians had evaluated the data from 238 of the approximately 1,000 debt counseling centers in Germany, whereby participation in these statistics is voluntary. These counseling centers provided anonymised data of more than 84,000 advised persons with their consent. (No)
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