Since 1996, more than 4.2 million households asked Partners Finances for a debt consolidation loan. Research on these applications reveals that an average customer is a man (60% man - 40% woman) aged between 35 and 50 years old.
The results show the typical customer is either owner or tenant (48% owner - 52% tenant) and is employed (62%). The earnings average is between 1500 and 4000 euros monthly euros for 700-1000 euros monthly expenses.
For tenants, the total amount of loans to be consolidated is typically between 10,000 and 50,000 euros whereas for owners the average total is between 100,000 and 200,000 euros. Partners Finances has published its research on over 400,000 people who have applied for debt consolidation loans in 2018. Nowadays, debt consolidation is more and more used as a tool to optimize household budgets and to finance a new project when you already have multiple loans.