In Italy buy in installments costs more than in other European countries. Our country is confirmed among those in which rates remain higher than the average of the euro area and those practiced in the main partners.
Net of this, compared to a year ago the volume of the loans increased by 5.4%, going from 162.4 to 171.1 billion euros.
What are the rates: the comparison
In the analysis FIRST CISL A negative figure is confirmed for the Italians. In fact, Italy is at the top in Europe for the costs that consumers have to pay on personal funding, a trend that is reconfirmed year after year and 2025 is no exception.
Thanks to the analysis conducted on the data of the Bank of Italy and ECB, we know that in May the Taeg on the new operations (even if downhill compared to the previous months) has been around the 10,18%.
| Village | January 2025 | February 2025 | Marzo 2025 | April 2025 | Maggio 2025 |
| Germania | 8,54% | 8,34% | 8,13% | 8,33% | 8,30% |
| France | 6,76% | 6,73% | 6,63% | 6,64% | 6,58% |
| Italia | 10,50% | 10,46% | 10,28% | 10,18% | 10,18% |
A much higher data than the average of the euro area (8.33%), but above all higher than that of other large European countries such as France (6.58%) and Germany (830%).
In Italy everything costs more
Continuing the comparison between European countries, Italy is among those in which the share intended for consumer credit on the total loans required is higher. The figure went up to 19.1%, marking a large gap compared to 11.2% of the euro area average.
| Village | January 2025 | February 2025 | Marzo 2025 | April 2025 | Maggio 2025 |
| Germania | 9,6% | 9,5% | 9,6% | 9,5% | 9,5% |
| France | 12,7% | 12,7% | 12,8% | 12,9% | 12,7% |
| Italia | 18,8% | 18,9% | 18,9% | 19,0% | 19,1% |
The comparison on mortgages
On the mortgage side, the Italian case is in contrast to the euro area. In fact, on this front, our country has an improvement in the financing conditions: the Taeg has passed Dal 3,67% Al 3.58%. The average of the euro area is increasing, from 3.52% in March to 3.58% current. Germany and France also show a slight descent.
The analysis also emerges that, after the decline recorded in 2024, the risk of credit continues to decrease in 2025. In this case, attention is on regional data, where the major difficulties are recorded in the South, with a peak in Sicily, Campania and Calabria.
The sale of the fifth
Finally, the phenomenon of the transfer of the fifth of the salary increases, that is, a form of loan with deductions directly from salary or pension.
He has clear social implications that cannot fail to arouse concern, writes the Italian Federation of the services of the tertiary services. From 2021 to 2024, in fact, the amount of these loans is almost doubledpassing through just over 10 to almost 18.5 billion euros. Only in the last year the growth was 1.3%.
In other words, today Italians can afford to buy something only if they finance it in installments, and these funding, compared to other areas of the euro area, cost more.
An example of calculation:
Out of 1 000 euros of expenditure, you get to pay an interest up to almost 102 euros. During the installments, a total of 1 102.00 euros will spend in total. In comparison, in Germany the average cost is 8.30% (about 83 euros on 1 000), in France of 6.58% (about 66 euros on 1 000).
