Become a Customer Journey Expert (m / f) product strategy for consumer loans in Frankfurt. Consumer credit remains an important source of income for most banks. Years of experience with consumer credit.
Investigation: consumer credit The Market Guardians
At the end of 2017, the Market Guardian Finance institute of the Consumer Center Saxony, responsible for banking services and consumer credit, conducted a survey on the use of credit by German consumers. Different types of consumer credit should be considered in order to examine consumer experience and the conspicuous problems. The representative online survey of market observation experts shows that around two thirds of internet surfers have used at least one type of consumer credit in the past five years.
The current account overdrafts of the current account, which are mostly cost-intensive in practice, with 29% and the credit limit of the card with 26% are the most frequently used types of credit in Germany. All results and backgrounds are explained in detail in the report. Consumer credit survey method profile: Collection of an online panel using a standardized questionnaire. Sample size: n = 1,055, sample description: Substitute sample for German-speaking web users aged 18 and over.
The following overview shows our consumer credit exposure, consumer loans that are at least 90 days past due, and the net credit costs. The portion of the information about loans that are 90 days or more past due and the net cost of credit is expressed as a percentage of the total exposure. Consumer credit exposure in Germany: The total volume of our consumer credit exposure rose in 2008 compared to the previous year by $ 4.1 billion (5%).
This increase results from an expansion of our international portfolio (by 3.5 billion dollars) with strong growth in Italy (1.5 billion dollars), Poland (1.0 billion dollars) and Spain (611 million dollars) as well as domestically ( 635 million dollars). The percentage of net financing costs in total exposure increased in relation to 2007, reflecting our expansion strategy for higher-margin consumer credit business and the deteriorating credit conditions in Spain.
The increase in net financing costs in Germany is due to consumer financing and was only partially offset by a decrease in the proportion of real estate financing. Abroad, the decline in net financing costs was primarily due to the outside economic crisis in Spain, which weakened there on our loan portfolio and on our business with private finance in Italy and Poland.
The increase in the proportion of loans from overdue loans outside of Germany results primarily from our real estate financing in Spain.