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Berlin in the debt strudel: Every tenth fights with over -indebtedness!
More than 10% of Berlin adults are over -indebted. The quota rises slightly and lies above the national average.
Berlin in the debt strudel: Every tenth fights with over -indebtedness!
nag/nag editors -
shocking news from the capital! More than one in ten adults in Berlin is over -indebted! The current evaluation of the Creditreform business service provider shows that the over -indebtedness rate has increased slightly this year - from 10.04 to 10.16 percent. Berlin has thus developed into the third stronghold of over-indebtedness in Germany, only Saxony-Anhalt and Bremen have advised even higher ones.
What does it mean to be over -indebted? It means that these people are unable to meet their financial obligations in the long term. Berlin is therefore well above the national average of 8.09 percent. The situation had improved in recent years - 12.3 percent of adults were still affected in 2019 - but now the trend seems to be pointing up again. An alarming signal for the city!
alarming developments
The increasing number of over -indebted people raises questions. What are the reasons for this increase? The economic challenges in the capital could play a role, while the cost of living continues to increase. The situation is particularly worrying because the proportion of over -indebtedness has been reduced in recent years, but is now increasing again. The Berliners have to adapt to a difficult financial future while politics is required to find solutions.