Debt advice at the record level: Salzburg in financial need!

Debt advice at the record level: Salzburg in financial need!

Salzburg, Österreich - Debt counseling in Austria experiences a dramatic increase in inquiries, especially after the holidays. The general inflation ensures enormous financial burdens that overwhelm many people. Peter Niederreiter from the Salzburg debt counseling emphasizes that a consistently high demand is expected in 2024, since the financial situation of many citizens is becoming increasingly tense. Already this year, over 1,000 Salzburgers reported who were looking for support for the first time. The average debt level per client is currently between 70,000 and 80,000 euros. Especially in the mountains, such as Pongau and Lungau, growth of 25 percent were recorded during the central area. The perspective developments give a further increase in consulting inquiries, in particular by leaving the electricity price brake and increasing unemployment figures, as reported.

Clemens Mitterlehner, head of the association of debt consultations, sees a “tangible social crisis” in Austria. He warns of the risks of consumer loans that appear tempting before the holidays and emphasizes that many people are tempted to buy spontaneous purchases in the run -up to Christmas. "Inquiries in debt counseling typically increase in January," says Mitterlehner. The uncertainty and the pursuit of consumption during the holidays can rapidly lead to financial problems, which is reinforced by the current economic situation. He indicates that the number of private bankruptcies does not increase, since many cannot even afford the costs of such a procedure. "This shows how precarious the situation of many people is," explains Mitterlehner. In addition, he warned of the marketing strategies around "Black Friday" and "Cyber ​​Monday", which are often marketed as bargains, but in reality often do not offer the promised discounts, so The press .