Half of Romanians live on debt and barely get from one salary to another, provided that 56% of Romanian took a loan in the last three years, and one in five Romanian already is already in arrears, be it arrears bank or service providers.
However, the explanation is simple: Romanians debt levels. Their mentality has entered into this idea of debt and learned to stop stressing so much. Perhaps this explains the fact that many prefer to live on social assistance they receive from the state.
If speaking Romanians debt to get out of them, young people prefer to seek help from family (18% of respondents), while the older, more often than other age groups would be willing to announce personal bankruptcy. Personal bankruptcy law would be quite useful to Romanian on whether it would go on its social order, as it should be and how it is done in other countries.
The profile of Romanian debtor
Most Romanian who have debts were aged between 31 and 50 years, which is almost 60%. Also, when we speak of arrears to them Romanians, their media becomes somewhere to 9,500 lei, or almost 10 net minimum wage per economy. In this context, those who borrow and have given a monthly bank evaluates its financial situation as one bad (63%). 20% of the population has currently has arrears outstanding. They are most commonly women, people with precarious situation and with a minimum level of financial knowledge.
When it comes to self-assessment, most of Romanian (58%) say that they "often do not get the money until the end, even for the most urgent needs and the money is enough for current needs, but I have a problem when a greater expense. " On the other hand, says that one in six Romanian money they earn often ends before the end of the month and not enough to cover their basic needs.
