Number of instalment loans/major population

The indicator reports the number of credits in progress during the year (without considering the year in which the contract was signed) to the population aged 18 and over. All credits are recorded at the National Bank (including credit openings of less than EUR 1 250 and repayable within 3 months, which mainly concern overdraft possibilities on bank account). Having a credit is therefore not necessarily an indicator of “over-indebtedness risk”. At the end of 2013, only 7.3 % of Walloons with outstanding credits are in default for credit. Note: the data at the level of the contract are disseminated by postal code on the website of the credit centre to individuals. They were aggregated at the municipal level by the IWEPS. It is possible that this aggregation leads to some double counting. When a credit is contracted by several people who do not live in the same postal code, the data is entered in the file for each of the postal codes concerned. If two contractors live in the same municipality but not the same postal code, there will be duplicate information related to the credit (amount, number,...). These cases are probably rare because loans to several borrowers usually concern people domiciled at the same address. See also: — the website of the National Bank of Belgium (BNB), ‘[\2](\1)’.