Question 3210 — banks and financial institutions

Summary

Mr. Didier Martin draws the attention of the Minister of Action and Public Accounts to the need for action aimed at combating the overindebtedness of French households. Insufficiently raised in public debate, the issue of over-indebtedness nonetheless remains crucial as its individual and collective issues are major. With 194,000 files filed in 2016, or one file every three minutes day and night, and one million households currently in the process, over-indebtedness is first of all the cause of human tragedies due to significant stigmatization, precariousness and isolation of the individuals concerned. It is also costly for society, which is responsible for supporting these people who have become financially vulnerable (debt cancellation, medical care, etc.). Despite a decline in the number of over-indebted people over the past three years, the situation remains worrying and requires rapid action at several levels. Firstly, it would be appropriate to strengthen prevention aimed at households (better budget management, better knowledge of the risks linked to taking out loans) as well as that aimed at credit professionals in order to make them aware of the need to question more about the real capacity of their customers to repay new loans. Secondly, it seems essential to improve the application of existing laws which have enabled significant developments in the fight against over-indebtedness. Other avenues, such as the possibility of giving self-employed workers access to over-indebtedness procedures in the event of private over-indebtedness, could also be studied. In this context, he would like to know the position of the Government in the fight against over-indebtedness and obtain details on the reforms envisaged in order to combat the challenges it presents.

Machine translation from French. The official text remains authoritative.

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