Financing households
Banks and credit companies provide loans to individuals, enabling them to realize their dreams. This keeps the economy running. The financing of a home is done through a mortgage credit or home loan. Other types of financing or credits fall under consumer credit.
Mortgage credit or home loan
A mortgage credit is a loan you take out to buy, build, or renovate your own home. You obtain this credit from a lender such as a bank. There are various options or types of mortgage credits that you can take out.
Consumer credit
A consumer credit is any credit that is essentially taken out for the purchase of something other than real estate. This can be, for example, the purchase of a car or a household appliance. Consumer credit is strictly regulated by consumer credit law.
In 2023, €297.5 billion in mortgage credits and €11.3 billion in consumer credits were granted. The latest figures can be found in the press releases of Febelfin. The members of the Retail Credit Committee of Febelfin represent the credit sector. Read more about their activities in the annual report.
Are you struggling financially?
Worried that your monthly financial burden will become too heavy after losing your job or due to other unforeseen circumstances? Do your mortgage and other loans suddenly weigh much heavier on your budget? Talk to your banker about it, and together we can look for a solution. Read all about it in the brochure.