Italians have less and less money to spend on daily life, from food expenditure to small unexpected events. The current situation is also highlighted by the choice to pay in installments that is becoming a consolidated habit. According to an analysis of the FIBA FIBA FUND CISL Foundationbased on Bankitalia and ECB data, the loans paid in the last year have reached the 169.3 billion euroswith an increase of 5.3% compared to the previous year.
The aspect that makes it clear how the very loan concept has changed is that the request for immediate liquidity has engraved a lot on the total loans. For many, the times when a loan was thought of and rethought a thousand times in pros and cons. The personal loan has now become holidays for holidays, change the car or renovation, but also in this case not everyone can allow you to request it.
Smartphone with installments resold to obtain liquidity
An increasingly widespread practice of Italian consumers who have difficulty obtaining a loan is the immediate resale of smartphone purchased in installments. These are new or almost devices, transferred to specialized retailers both online and in physical stores, to obtain immediate liquidity. For example, a smartphone purchased for 1000 euros per installment can be resold to around 500 euros.
This phenomenon has spread as a trick to the restrictive criteria imposed by banks and financial in the provision of loans, also for contained figures. Dealers, on the other hand, tend to grant financing more easily for the purchase of technological devices. The strategy allows to obtain funds quickly, while involving a significant economic loss with respect to the original value of the product.
Purchase installment in physical stores with PayPal
The methods of payment in the stores are also changing. PayPal will introduce a new system contactless Available throughout Europe, which allows you to pay the purchases made in physical stores directly. The service is integrated into the PayPal app and uses NFC technology for payments via smartphone.
This innovation makes installment more accessible also for everyday purchases, expanding the options available for those who need to distribute the expense over time. The initiative aims to respond to the growing demand for flexibility in payments due to the costs of life that have become unsustainable for many.
Holidays paid in installments with Klarna
The tourism sector also adapts to this new reality. More and more hotel facilities and luxury resorts allow you to book the holidays using Klarna, a system that allows you to divide the amount into three monthly installments without interest.
The cost of the total holiday often has a limit, if you want to install, which must not exceed 4000 euros. The US cards are very used. They are managed as if a common credit card was used, but they are virtual cards. This tool is increasingly used for a wide range of purchases, including travel expenses.
The possibility of spreading the cost of a vacation It also makes high -end tourism more accessible, without the need to activate personal loans or mortgages. This payment model is particularly appreciated by those who want to plan a break, without significantly impacting the family budget.
