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CASE STUDY: Breaking the debt spiral

THE PROBLEM
Quick online loans: Ferratum, Kredis/Easy, Evo Cash, Alfa Kredit

  • 1st Borrowed: EUR 1.500

  • 1st Repay: EUR 2.700

  • Maturity: 6 months

Forced into multiple loans to cover first EUR 1.500 debt

THE OUTCOME

  • Debt spiral stopped

  • Structured repayment schedule

  • Improved financial behavior – stronger foundation for future stability

THE INTERVENTION

  • No early repayment option: waited until maturity to be refinanced with sustainable financing

  • Introduced spending & savings monitoring

  • Built a plan for repayment discipline

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