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 various credit data dimensions.
Absolute debt is more after 80.
First of all, according to the credit transaction details of the People's Bank of China's credit report, we can count the number of different types of loans, contract amount, outstanding balance and other information of the applicant. 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 are married and buy a house. Is it because the average amount owed after the mortgage has been raised by 80? After all, mortgages are generally relatively large, and buying a house is more like investment than ordinary consumption.
Below, we will make a comparison after excluding mortgage.
Excluding the mortgage balance, the average total loan balance gap between the post-80s and post-90s has not decreased, but has increased 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 proportion of credit card overdraft is higher.
Look at the credit card again. Credit card is one of the most common and important credit products in life, and its usage habits can reflect personal debt 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 and the overall income is higher. The credit line granted by banks is usually higher than that granted to post-90s credit cards, so the utilization rate of credit card line 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.
Combining 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. The per capita disposable income in 2065438+2008 given by the Bureau of Statistics 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 billing installments, we further counted the average monthly repayment amount of loans and credit cards. As you can see, the monthly repayment amount of the post-80s loans is 0.63 million yuan, which is obviously higher than the per capita disposable monthly income (0.24 million yuan), and the monthly repayment amount of the post-90s loans is 0.28 million yuan, which is relatively an affordable figure.
Compared with loans, the biggest problem after 80s and 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 real 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 an average of tens of thousands of yuan per month.
The shortage of funds is almost as serious as other problems.
The number of times an individual applies for new loans and credit cards can reflect the degree of financial strain, 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, the more 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, and it seems that the post-80s are more active than the post-90s in credit card applications, with the average number of applications in recent two years being 1.7 times.
It should be pointed out that the post-80s and post-90s credit applicants in the Internet credit data 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 amount of overdue credit can directly reflect the individual's willingness to repay and ability to perform. According to the credit report data of China People's Bank, the number of loans overdue transactions after 1980s is less than that after 90s, but the number of overdue credit cards is higher than that after 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 little difference in the overdue ratio of the two credit cards. However, it is worth noting that there are few loans and many 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 high amount of debt owed by 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 cliche to choose the regular products of licensed institutions for loans and not to pursue advanced consumption. Young people overdraw credit, that is, overdraw the future.