Millions of families across the EU are in a situation of over indebtedness, millions more don’t have access to a basic bank account, another few million don’t have access to basic loans such as mortgage credit in order to buy a home where they can thrive as a family.

COFACE advocates for more responsible lending and borrowing via for example thorough credit worthiness checks and access to better information and independent quality financial guidance for families. COFACE also defends the right to the access of a basic bank account for all EU citizens without any form of discrimination. Finally, COFACE underlines the necessity for all families to have access to certain financial products such as mortgage credit, pensions and saving products to ensure that they can make long-term life investments which are essential for their family life.


RELATED NEWS:

Report On Social Policy And Mortgage Lending

Report on social policy and mortgage lending

Millions of families across the EU are in a situation of over indebtedness, millions more don’t have access to a basic bank account, another few million don’t have access to basic loans such as mortgage credit in order to buy…

Read More
UNAF France Publishes Report On Banking Exclusion

UNAF France publishes report on banking exclusion

Since the 1970s, owning a bank account and means of electronic payment has become an absolute necessity to live normal lives in France. With the privatization of banks in the 1980s, the State has transferred to banks the social responsibility…

Read More
#FinServices4all

#FinServices4all

All families have needs. Having a place to live, paying the bills, acquiring a means of transportation or simply being able to make and receive payments with a bank account. Financial services are essential to all households but some are…

Read More