Romanian debtor makes average back payments of RON 155.05 in telecom and RON 307 in banking, says Top Factoring

Newsroom 06/12/2016 | 13:40

The Romanian debtor client pays on average a back payment of RON 155.05 in the telecom sector and RON 307 in the banking industry, according to a study of debt recovery company Top Factoring. In telecom, the Romanian debtor has an average age of 43.4 at the cession date and he or she hasn’t paid the last bill for a year and seven months. Also, he or she is located mainly in Muntenia region and pays his debts generally in autumn.

From the Top Factoring data, the best debtors are artists, medical personnel and priests and the worst debtors are the persons with high functions, sports people and entrepreneurs. In banking, the Romanian debtor is on average 43 years old at the contracting date and has paid his credit constantly for four years. The most acquired products for which the loans were taken were household appliances, electronics, computers and accessories, scooters and TVs.

Top Factoring launched the first quantitative study on the Romanian debtor profile for a year and the analysis was made for an year (November 2015-November 2016) on a sample of 853,036 cases valued at EUR 272 million from banking and telecom fields.

Over 46 percent of the debtors who came in contact with Top Factoring succeeded in paying their debts through customized solutions.

The highest value of a payment was registered in banking industry, were a woman paid RON 86,198.52.

„We want Top Factoring to continue to contribute in a transparent manner at the information and financial education of the persons who are in debt. Also, we want to transmit that the solutions can always be generate through dialog,” said Catalin Neagu, general director Top Factoring.

„We are the only company actively involved in the regulations area of debts recovery industry. We were invited by those who initiated the debts recovery law, by specialized companies and by internal departments of the companies,” added Neagu.

Top Factoring celebrates this year 10 years of existence in Romania.

Georgiana Bendre

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