In this regard, we selected 4 million loan applicants born in Suning Finance 1980- 1999 as analysis samples, and compared the real liabilities of the post-80s and post-90s from multiple credit data dimensions.
After 80, there is definitely more debt.
First of all, according to the credit transaction details in the credit report of the People's Bank of China, we can count the applicants' different types of loans, contract amount, outstanding balance and other information. The more loans and balances, the heavier the debt.
Judging from the above set of data, the post-80s have to bear heavier debts than the post-90s, and the average total loan balance of the post-80s is 2. 15 times that of the post-90s.
However, the amount of outstanding loans of the two groups is similar, indicating that more microfinance products were used after the 1990s.
Maybe you will think that most of the post-80s generation have married and bought houses. Is it because the average amount owed after the mortgage has been raised by 80? After all, mortgages are generally large, and buying a house is more like investment than ordinary consumption.
Below, we will make a comparison after excluding mortgage loans.
Excluding the mortgage balance, the gap between the average total loan balance of post-80s and post-90s has not narrowed, but has widened from 2. 15 times to 2.5 1 times.
In other words, mortgage is not the main reason why the post-80s debt is higher than that of the post-90s. The real reason is that the post-80s income is relatively higher and the loan amount given by financial institutions is larger, which leads to the difference in loan balance between the two groups.
After 90, the credit card overdraft ratio is higher.
Look at the credit card again. As one of the most common and important credit products in life, the usage habits of credit cards can reflect the personal debt situation to some extent.
In absolute terms, the current liabilities of post-80s credit cards (67,300 yuan) are almost twice that of post-90s credit cards (33,600 yuan). The main reason is that the post-80s working hours are longer, the overall income is higher, and the credit line given by banks is usually higher than that given to post-90s credit cards, so the credit card line utilization rate may better reflect the problem. The data tells us that the post-90s generation seems to love overdraft credit cards more than the post-80s generation, but there is not much difference between the two groups in this indicator.
Monthly repayment amount: after 80, the pressure is great.
Combined with the loan and credit card arrears, it can be calculated that the per capita arrears of post-80s reached 2 1.98 million yuan, and the per capita arrears of post-90s reached 1.45 million yuan. According to the statistics bureau, the per capita disposable income in 2065438+2008 is 28,200 yuan, which means that the debt owed by the post-80s generation is equivalent to their income of 7.8 years, while it will take 3.7 years for the post-90s generation to pay off the debt.
Considering that most loans are repaid in monthly installments, and credit cards also support bill installment, we further counted the average monthly repayment amount of loans and credit cards. It can be seen that the monthly repayment amount of the post-80s loans is RMB 0.63 million, which is significantly higher than the per capita disposable monthly income (RMB 0.24 million), and the monthly repayment amount of the post-90s loans is RMB 0.28 million, which is relatively an affordable figure.
Compared with loans, the biggest problem of post-80s and post-90s is how to repay credit cards on time every month. Even considering that young people know how to make reasonable use of the interest-free period of credit cards, the actual debt is not as high as that on the books, but it is not easy for most post-80 s and post-90 s credit card repayments with tens of thousands of yuan per month.
The shortage of funds is almost as serious as other problems.
The number of times individuals apply for new loans and credit cards can reflect the degree of financial pressure, which is reflected in the report inquiry record. When financial institutions approve loans and credit cards, they will check the applicant's credit report to assess the risks. In other words, the more times and number of institutions, the more urgent the users' desire for funds.
According to the credit report of the People's Bank of China, the number of loan applications made by the post-80s and post-90s is very close. It seems that the post-80s are more active in applying for credit cards than the post-90s, and the average number of applications in recent two years is 65,438 +0.7.
It should be pointed out that the online loan data of the post-80s and post-90s applicants are basically the same, which at least shows that the online loan demand of the two groups is at the same level.
Loans overdue times, slightly higher after 90.
The number of overdue credit reports can directly reflect the individual's willingness to repay and ability to perform. According to the data of China People's Bank's credit report, the number of post-80s loans overdue is less than post-90s, but the number of overdue credit cards is higher than post-90s.
Considering that the average number of credit cards owned by the post-80s generation is higher than that of the post-90s generation, there is almost no difference in the overdue ratio of credit cards between the two groups. However, it is worth noting that there are fewer loans and more overdue loans after 1990s.
summary
Below, a picture is used to summarize this article: According to the information reflected in the credit report of the People's Bank of China, the higher debt amount of the post-80s generation leads to greater monthly repayment pressure, and the credit card overdraft rate and default times of the post-80s generation are higher than those of the post-80s generation, while the financial tension of the two groups is similar.
Finally, it is a commonplace to choose the regular products of licensed institutions for loans, and not to pursue advanced consumption. Young people's overdraft of credit means overdraft of the future.