downward trend for rates
According to market data updated in September 2019, the average interest rates on loans for the best deals online have dropped again, from the previous 6.15% to the current 6.01%. The same trend if you try to compare the current quarter with the first three months of 2019. In this case, the average interest rate (this time considering all offers) fell by 9.24% all'8,97%. As an additional comparison, in the first quarter of 2018 the average value was instead of 9.35%. It 'clear as the 2019 has been a very positive year for Italians who have chosen to do some work at home or buy items otherwise over budget.
Thus, loan requests aimed at the renovation of the house continues to be the most frequent, accounting for 20.2% of the total. The value is still down compared to last year, when the percentage was about 24%. A growing are requests for the purchase of furniture, which increased from the previous 12.7% to 13.4%. Increased also important for the consolidation of debts demands which from 5.3% in 2018 now reaches 6.8%.
seems that the Italians habits are also changing about the figures and the duration of the loans. Compared to 2018 it is noted a strong increase in loans for a limited amount, or up to 5,000 euro. According to the latest data, consider both current demands that we get paid an average value of 10,587 euro. They are less than 11,253 Euros in the first six months of 2019, and especially compared to € 12,099 in the last six months of 2018.
will be interesting now to see if the Christmas season will witness a turnaround on purpose loans, for the benefit of personal ones.