Italian households increasingly indebted: the average indebtedness of Italian households reached about 19 thousand euro and compared to 2009 it grew in absolute terms of 3 thousand and 268 euro. This is what emerges from the survey of the Cgia di Mestre. The indebtedness, explains the Cgia, is mainly caused by “the activation of mortgages for the purchase of the house, from loans for the purchase of movable property, from credit to consumption, from financing for the restructuring of real estate”.

At the provincial level, the greatest difficulties are borne by households resident in the province of Rome (debt amounting to 27,727 euros), followed by those of Lodi (27.479) and those of Milan (27.241). In fourth place the province of Prato (25.912), fifth Varese (25.085) and the sixth Como (24.608). To live with less anxiety the concern of a debt to be honored towards the lenders or financial institutions, are the families of the deep South: at the end of the national ranking we find Agrigento (8.983), Enna (8.399) and, at the last step of the ranking, the Sardinian province of Ogliastra (7.952).

“From the date of introduction of the euro to December 31, 2010 – explains the institute – the increase in average household debt was 131%”. “Tendentially – declares Giuseppe Bortolussi secretary of the Cgia of Mestre – the greater incidence of the debt on the income we find among the households with medium-low economic possibilities. It is clear that with the continuation of the economic crisis this situation does not tend to improve. moreover, in Italy there is a large informal loan market that does not transit through official channels, with the contraction of loans made by banks in recent years, I have the impression that this phenomenon is expanding, with the danger that the scourge of usury spreads more and more and not only in the South “.

Fast payday loan debt consolidation

 

Family path – interventions in favor of families affected by the crisis 
At the start “Family Path”, the new package of measures to support troubled groups in the current economic situation. These include the extension of the suspension of mortgages and the renewal of the newborn Fund. The need of the initiative, signed in a Memorandum of Understanding between ABI and Consumers, develops within a framework of persistent weakness of the Italian economy: demand for consumption and declining investments, unemployment – above all youth – tending to increase. The discomfort of families in the face of the crisis requires the implementation of actions to support their financial sustainability, moving from measures of a contingent and sectoral nature to measures of …

Microcredit is an effective weapon against the risk of usury 
There are “signs of difficulty” for Italian families. The risk is that of “over-indebtedness and recourse to usury”. For this reason, there is “the need for a constant commitment by institutions, intermediaries, and associations to prevent them from increasing risks”. This is the warning that comes from the Bank of Italy, with the intervention of the Central Director for Credit and Financial Supervision, Anna Maria Tarantola, at the study day on ‘Indebtedness of households and businesses in Italy (2007): the risk usury. To reduce the scope of usury “it is necessary to create the conditions to ensure that the meeting between supply and demand …

Electricity bill »Bonuses for low-income households arrive 
In the following article, we will explain what are the requirements and methods of access to the bonus for electricity: 30% compensation directly in the bill. Economically disadvantaged domestic customers are entitled to the so-called electric bonus: this is an annual discount on electricity bills, which for 2017 has been increased from 20% to 30%. The discount is recognized in the form of compensation applied to the total expenses incurred by the domestic customer during the year, including the fixed portion and the variable amounts relating to electricity consumption, including the A and UC components applied to subsidized domestic customers. In practice, …

Why should you consolidate? With debt consolidation you pay off old debts, unify installments and pay less.
Ah, the month-end installments! How many Italian families do monthly accounts for debts to be paid? The mortgage, the car, but also the TV or more trivially the last week of vacation in the mountains. Small and large loans that add up at the end of the month in equally small or large installments and interest are payable. Who at least for once did not let themselves be tempted by promotions such as “buy today pay tomorrow”, “buy in installments”, “zero interest purchases”? But between one loan and another one can run the risk of underestimating the weight of accumulated debts …

Discussion points 

How do the banks behave if the guarantor is exposed for much more than he can respond with the compulsory liquidation of his assets? 
I am the administrator of a company that invoices between 4 and 5 million euro: unfortunately the economic crisis is shaking my company that is likely to fail shortly and, unfortunately, for the various lines of credit bank, the banks have demanded in many years of work, my personal guarantees to guarantee mortgages and bank overdrafts. Current account overdrafts amount to around € 500 thousand, used in full, and total loans of € 1 million and € 200 thousand, largely guaranteed by the central credit average of 80% and …

I am unemployed and non-living abroad but I would like to return to Italy »I am 61 years old and will retire, perhaps, in 6 years – Until then how will I live? 
I have been unemployed since 2002: from 2003 to 2010 I worked with a VAT number between 2011 and 2014 and I did an activity between 2011 and 2014, opening a company that did not go well. Since 2008 I have had requests from banks to return small credit card loans etc. because with the crisis that loomed them they had to shorten the famous leverage until in 2012 I had to sell the house that had a mortgage to prevent me to take it off by force and I paid all the debts I had in …

No reporting in CRIF despite the debts have not been settled 
I have accumulated over time various debts with various financial banks, loans in various forms, revolving cards for an amount that includes default interest exceeds a total of at least 40/50 thousand euros. I stopped paying the installments when I lost my job and I was left with no movable and immovable property, so over the years, in a state of unemployment and non-employment, I have never paid these debts either to the original creditors or to the debt collection to which the credits had been sold. I made a CRIF survey in April 2011 where I saw that some loans were declared extinct even if never …

Injunction – How come the injunction is much greater than the residual debt, and how much the creditor can withdraw from my salary in case of foreclosure? 
Today I received an injunction with a request of € 29 thousand and € 900: I had financing with Unicredit and I paid, or rather, I paid these 3 loans or loans, for a total of € 600 per month. Then I could not pay anymore: having myself repeatedly asked the director of the branch to look for a rescheduling of loans by lowering the installments and lengthening the duration, I was denied. In 2014 I stopped paying. After various vicissitudes with credit recovery, the credit was transferred to another recovery company of Messina (to be premised …

Law 3/2012 – How do we reach an agreement with creditors? 
I would like to have clarifications on the possibility of using the law on family over-indebtedness, as I am not clear about some things. I have debts that I can no longer pay and others that I am regularly paying. I illustrate my disastrous situation: Bank 1 Mortgage loan residual debt 75,000 euros (Regular payment) Credit card 3000 euros (pending) Bank credit 2,500 (pending) Bank 2 Partially paid personal loan of original 50,000 euros (p. suspended in 2014) now seems to have become about 80,000. Bank 3 assignment of the fifth of 10,000 euros and loan of 7,000 euros …