A Report Reveals that More than 92% of Argentine Households Have Debts and Late Payments Are Growing.
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President Javier Milei linked the increase in late payment to the purchase of televisions during the World Cup 2026 and said that "half stopped paying." His statements are produced in the middle of a strong debt growth: 92.3% of households have some kind of debt and 62.5% of the use of credit cards is destined to buy food.
A recent study highlighted the complex financial situation faced by families in the country. In this context, family indebtedness became the center of the scene. Faced with the massive use of electronic means of payment and credits, experts detail what resources the legislation contemplates and what are the initiatives in folder to stop the abuses. The current economic panorama reflects an increasing trend. On the one hand, the obligation to fac…
According to a report by the Institute of Statistics and Social and Economic Trends (IETSE), 92.3 per cent of Argentine households have some debt and almost nine out of every ten obligations are unpaid or in non-compliance. The study, carried out in the 23 provinces and the city of Buenos Aires, warned of a growth in multiple indebtedness. In August 2026, 28.4 per cent of indebted households accumulated more than three debts, compared with 23.5 …
The increase in late payment is the final symptom of a process in which households consumed savings and used credit to replace income, believing that the shock would be temporary.
In August 2026, 28.4 per cent of indebted households accumulated more than three debts, compared with 23.5 per cent in March and 12 per cent in May 2025, according to an IETSE report. 92.3 per cent of Argentine households recorded some kind of debt, while almost nine out of ten obligations were unpaid or in non-compliance, according to a report by the Institute for Statistics and Social and Economic Trends (IETSE). The study, conducted in the 23…
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