Commission Regulation (EC) No 215/2007 of 28 February 2007 on implementing Regulation (EC) No 1177/2003 of the European Parliament and of the Council concerning Community statistics on income and living conditions (EU-SILC) as regards the list of target secondary variables relating to over-indebtedness and financial exclusion (Text with EEA relevance )

ANNEX
ANNEX
For the purposes of this Regulation, the following units, modes of data collection, reference periods and definitions shall apply.
1.   Units
The target variables relate exclusively to the household. Where dealing with financial services, the household should be understood as any member of the household.
2.   Modes of data collection
For all target variables the mode of data collection is personal interview with the household respondent or extraction from registers.
3.   Reference periods
The target variables relate to four types of reference periods:
—
last 12 months ( Arrears ),
—
next 12 months ( Future expectations ),
—
last three months ( Uncleared balance credit/store card ),
—
current ( All other variables ).
4.   Definitions
(1)   Amounts
(a)
Variables for collecting amounts: the amount is to be collected according to a harmonised discrete scale to be established by the Working Group on Living Conditions.
(2)   Bank account
(a)
Bank current account: deposit account offering day-to-day money management facilities such as various flexible payment methods to allow customers to distribute money directly to others. Standard services offered by current accounts include a cheque book, the facility to arrange standing orders, direct debits and payment via a debit card. A savings account is not a current account where no such facilities are available.
(b)
Bank account overdraft: the household is currently maintaining a negative balance on one of its bank accounts because of financial difficulties (urgent need of money, output higher than input, etc.). Interest is charged on the amount owed. The bank account does not need to be a current account.
(3)   Credit/store cards
(a)
Credit cards (Visa, Amex, MasterCard, Diners, etc.) provide a specific credit facility: money is lent to people between the time they purchase goods and the time of full repayment of the amount; interest is to be paid on any balance that is not cleared at the end of the month. There are monthly statements for the money spent specifying the minimum amount to be paid. Credit cards are not bank debit cards, where the money spent on the card is immediately deducted from a linked bank account.
(b)
Store cards are credit cards issued by a single company/store and can only be used for payments to that company/store.
(c)
Uncleared balance: the household has not paid in full at the ‘end of the month’ the amount spent or owed with credit/store cards for at least the last three months because of financial difficulties.
(4)   Source of credit and loans
(a)
Credit and loans encompasses any commercial credit or loans with planned and scheduled repayments, except mortgage loans for the main dwelling. Overdraft facilities, credit or store cards for which repayments are not planned are not included. Borrowing from friends and relatives (informal credit) is not included either.
(5)   Arrears
(a)
Arrears: amount owed (bills, rent, credit/mortgage repayment, etc.) not paid on schedule during the last 12 months for financial reasons; same concept as used for HS010, HS020 and HS030.
(b)
Total amount currently in arrears: the sum of the amounts the household currently owes that could not be paid on schedule.
(c)
Housing-related bills/payments: rent and mortgage repayment for the main dwelling and utility bills (water, electricity, gas, heating, etc.). Should correspond to the coverage of variables HS010 and HS020.
(d)
Other loans and credit repayment: cash loans (other than mortgage repayment for the main dwelling) or hire purchase instalments and the like (e.g. mail order catalogues, car finance, etc.). Minimum credit/store card repayments are also included. Should correspond to the coverage of variable HS030.
(e)
Other non-housing household bills: education, health, any other bills not covered by housing-related bills.
(6)   Drop in income
(a)
Income: gross total income of the household.
(7)   Financial exclusion
(a)
Reasons why the household does not have a current bank account and needs one: several reasons can be mentioned and will be reported though indicators variables MI111-MI114. Questions are filtered: households that do have a bank current account or do not need one should not be asked the questions.
(b)
Reasons why the household does not have commercial credit and needs it: several reasons can be mentioned and will be reported though indicators variables MI122-MI125. Commercial credit: overdraft facilities, credit or store cards, mortgages and other loans or credit linked to purchases. Borrowing from friends and relatives is not included. Questions are filtered: households that do have commercial credit or do not need it should not be asked the questions. Households having borrowed only from family and friends should be asked the questions.
5.   Transmission of data to Eurostat
The target secondary variables on ‘over-indebtedness and financial exclusion’ will be sent to Eurostat in the household data file (H) after the target primary variables.
AREAS AND LIST OF TARGET VARIABLES
Variable name
Module 2008
Over-indebtedness and financial exclusion
Code
Target variable
Bank accounts and overdraft
MI010
Household has a bank current account
1
Yes
2
No
MI010_F
1
Variable is filled
-1
Missing
MI020
Household is overdrawn on one of its bank accounts
1
Yes
2
No
MI020_F
1
Variable is filled
-1
Missing
-2
N/A (no bank account)
MI025
Estimated total amount unbalanced on household's banks accounts in classes
1-9
Class
MI025_F
1
Variable is filled
-1
Missing
-2
N/A (no overdraft: MI020=2)
Credit/store cards
MI030
Household has credit card(s) and/or store card(s)
1
Yes
2
No
MI030_F
1
Variable is filled
-1
Missing
MI040
Household has credit card(s) and/or store card(s) with uncleared balances
1
Yes
2
No
MI040_F
1
Variable is filled
-1
Missing
-2
N/A (no credit/store card (MI030=2))
MI045
Estimated total amount unbalanced at the last monthly statement on household credit/store cards in classes
1-9
Class
MI045_F
1
Variable is filled
-1
Missing
-2
N/A (no unbalanced credit/store card (MI040=2 or MI030=2))
Source of credits and loans
MI050
Household has credits or loans (other than mortgage for the main dwelling)
1
Yes
2
No
MI050_F
1
Variable is filled
-1
Missing
MI051
Household has mortgage for other than the main dwelling
1
Yes
2
No
MI051_F
1
Variable is filled
-1
Missing
-2
N/A (MI050=2)
MI052
Household has hire purchase instalments (e.g. leasing, car, technical equipment)
1
Yes
2
No
MI052_F
1
Variable is filled
-1
Missing
-2
N/A (MI050=2)
MI053
Household has home-related credit/loans (inventory, domestic appliances, repairs)
1
Yes
2
No
MI053_F
1
Variable is filled
-1
Missing
-2
N/A (MI050=2)
MI054
Household has credit/loans to pay for holidays/leisure
1
Yes
2
No
MI054_F
1
Variable is filled
-1
Missing
-2
N/A (MI050=2)
MI055
Household has credit/loans to pay for education or childcare
1
Yes
2
No
MI055_F
1
Variable is filled
-1
Missing
-2
N/A (MI050=2)
MI056
Household has credit/loans to pay for health issues
1
Yes
2
No
MI056_F
1
Variable is filled
-1
Missing
-2
N/A (MI050=2)
MI057
Household has credit/loans for investment or business start-up
1
Yes
2
No
MI057_F
1
Variable is filled
-1
Missing
-2
N/A (MI050=2)
MI058
Household has other cash loans (debt conversion, to cover overdraft, credit card and other bills, etc.)
1
Yes
2
No
MI058_F
1
Variable is filled
-1
Missing
-2
N/A (MI050=2)
Arrears
MI060
Arrears on other non-housing household bills
1
Yes
2
No
MI060_F
1
Variable is filled
-1
Missing
-2
N/A (no other non-housing household bills)
MI065
Estimated total amount currently in arrears for other non-housing household bills in classes
1-9
Class
MI065_F
1
Variable is filled
-1
Missing
-2
N/A (no arrears currently (MI060=2 or current amount owed is zero) or no other non-housing household bills (MI060_F=-2))
MI075
Estimated total amount currently in arrears for household housing bills/repayments in classes
1-9
Class
MI075_F
1
Variable is filled
-1
Missing
-2
N/A (no arrears currently (HS010=2 and HS020=2 or current amount owed is zero) or no housing household bills/repayments (HS010_F=-2 and HS020_F=-2))
MI085
Estimated total amount currently in arrears for household other loans and credit repayment in classes
1-9
Class
MI085_F
1
Variable is filled
-1
Missing
-2
N/A (no arrears currently (HS030=2 or current amount owed is zero) or no other loans and credit repayment (HS030_F=-2))
Drop in income
MI090
Major drop in household income during the last 12 months
1
Yes
2
No
MI090_F
1
Variable is filled
-1
Missing
MI095
Main reason for drop in income
1
Job loss/redundancy
2
Change in hours worked and/or in wages
3
Inability to work through sickness or disability
4
Maternity — parental leave — childcare
5
Retirement
6
Marriage/relationship breakdown
7
Other change in household composition
8
Other reason
MI095_F
1
Variable is filled
-1
Missing
-2
N/A (no drop in income (MI090=2))
Future expectations
MI100
Expectation of financial situation in the next 12 months; do you expect your financial situation
1
To improve
2
To stay about the same
3
To get worse
4
Don't know
MI100_F
1
Variable is filled
-1
Missing
Financial exclusion
Reasons why the household does not have a bank current account
MI110
Household doesn't need an account and prefers to deal in cash
1
Yes
2
No
MI110_F
1
Variable is filled
-1
Missing
-2
N/A (household has bank current account (MI010=1))
MI111
The charges are too high
1
Yes
2
No
MI111_F
1
Variable is filled
-1
Missing
-2
N/A (household has bank current account (MI010=1) or does not need one (MI110=1))
MI112
There is no bank branch near where household lives or works
1
Yes
2
No
MI112_F
1
Variable is filled
-1
Missing
-2
N/A (household has bank current account (MI010=1) or does not need one (MI110=1))
MI113
Household has applied for an account and been turned down
1
Yes
2
No
MI113_F
1
Variable is filled
-1
Missing
-2
N/A (household has bank current account (MI010=1) or does not need one (MI110=1))
MI114
Banks would refuse household
1
Yes
2
No
MI114_F
1
Variable is filled
-1
Missing
-2
N/A (household has bank current account (MI010=1) or does not need one (MI110=1))
Reasons why the household does not have commercial credit
MI120
Household doesn't need to borrow at all
1
Yes
2
No
MI120_F
1
Variable is filled
-1
Missing
-2
N/A (household has commercial credit)
MI121
Household can borrow from family or friends
1
Yes
2
No
MI121_F
1
Variable is filled
-1
Missing
-2
N/A (household has commercial credit)
MI122
Household will not be able to repay debt
1
Yes
2
No
MI122_F
1
Variable is filled
-1
Missing
-2
N/A (household has commercial credit or does not need it (MI120=1))
MI123
Household has applied for credit and been turned down
1
Yes
2
No
MI123_F
1
Variable is filled
-1
Missing
-2
N/A (household has commercial credit or does not need it (MI120=1))
MI124
Household used to have credit but the facility was withdrawn
1
Yes
2
No
MI124_F
1
Variable is filled
-1
Missing
-2
N/A (household has commercial credit or does not need it (MI120=1))
MI125
Banks would refuse to give credit to household
1
Yes
2
No
MI125_F
1
Variable is filled
-1
Missing
-2
N/A (household has commercial credit or does not need it (MI120=1))
Schedules & Appendices

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