Highest individual debt: 140,000 euros

The highest level of debt by one individual debtor is currently 140,000 euros, Credit Bureau data show. The previous record was 100,000 dollars. Overdue loans reported by commercial banks to the Credit Bureau exceeded 25.7 million euros in mid March. The growth came amid the entry of a top bank into the system in late February. The Bureau now monitors almost 100% of the individual loans market. “We recently saw a new record for individual overdue debt: 140,000 euros. This time it was for a loan in euros. At the same time our database again shows there to be a debtor that has overdue loans with no less than ten banks,” says Serban Epure (photo), general manager of the Credit Bureau. The previous record was seen in the autumn of 2004 with an overdue loan in dollars of more than 3bn ROL (over 83,000 euros). Credits in ROL account for most overdue loans and are worth 836bn ROL (23.2 million euros) or 90% of the total. The overdue loans in euros amounted to 1.9 million euros, while overdue dollar loans were only 0.8 million dollars (0.6 million euros). The number of debtors with overdue loans from two banks is 17,500, says Epure, in addition to more than 4,500 people that have fallen behind with their payments on loans to more than two banks. ZF