Half of these loan refusals linked to the rate of wear and tear concern the 30-55 years, according to an Opinion System survey commissioned in particular by the French association of bancassurance intermediaries.
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Nearly one in two requests for home loans, or 45%, is refused in France because of the rate of wear, that is to say the maximum rate at which a bank can lend, according to an Opinion System survey commissioned in particular by Afib (French association of bancassurance intermediaries) and consulted on Tuesday August 16 by franceinfo. “It is an alarming proportion”, worries its president Jérôme Cusanno.
This percentage is explained by a “insufficient increase” wear rate, “set on July 1 at 2.57% for loans of 20 years or more”says Afib in a press release.
51% of applications refused concern 30-55 year olds. Principal residence purchase projects are also the most affected (71%), according to the Opinion System survey.
Afib “therefore reiterates its call for the preparation of an order modifying the rule for calculating the wear rate”the statement concludes.