In northern Franche-Comté, it is difficult to get access to loans

On 1 October, the attrition rate was recalculated. It rose to 3.030%. Which is more suitable for the current interest rates, unlike at the end of September, when everything was blocked. But if interest rates rise, he will be stuck with these files again, he says. “Here we have about a month’s opportunity to raise files before the interest rate starts to rise again. This is madness.”

In an effort to stay below the wear and tear limit, it sometimes offers cheaper policies to its customers through insurance companies with which it may have partnerships.. “But the banks put pressure on borrowers to take out insurance at home. Otherwise, they will not grant the loan. They think about their margin,” blows this broker. Result: young people around the age of 25 cannot buy, he explains. “ It makes my hair stand on end knowing that I might have a solution.”

For him, the banks must make an effort to return to a normal level. “ If there are no sales, there are no jobs. We break a loop and the economy. It would be necessary, in order to curb the problem, to revise the calculation of the wear rate, according to him. An opinion that Martial Bourquin shares “Everyone must do their part. The revision of the usury rate must be accompanied by a commitment from the banks not to take advantage of the situation. The banking system must give everyone access to property at reasonable prices.”

Asked about the revision of the attrition rate, the Banque de France explains that it was “very encouraged to the question”. “There is strong pressure for the calculation method to be revised. Today we are very aware of it, but at the moment we do not see a decrease in the amount of loans”, she explains. There is therefore no question of changing the calculation method at the moment. What worries Martial Bourquin: “With all this, we are headed for a recession,” he predicts.

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