Almost Three Out of Ten Debtors Were Unable to Pay Their Loans
11 Articles
11 Articles
This was revealed by a private study after cross-checking data; almost 40% of young people who took debt are in arrears
Young people up to the age of 24 are the most affected by the default. Families already spend 30% of their wages on paying debts.A private indicator anticipates an increase in the default rate
The economic crisis continues to hit Argentine households hard and La Rioja is among the provinces most affected by indebtedness and lack of capacity to pay. According to a report by the consultant Analytica prepared on data from the Central Bank of the Argentine Republic (BCRA), 34 per cent of the Riojans with financing presents some kind of default, placing the province fourth in the national non-compliance ranking. The survey reveals that som…
In Misiones, three out of ten people with some kind of financing are in arrears. This is revealed by a report prepared by the consultant Analytica on the basis of data from the Central Bank of the Argentine Republic (BCRA), which places the province with 30.2% debtors in default, above the national average of people with at least one unpaid debt. The deterioration of the household economy remains one of the main consequences of the macroeconomic…
Some 5.8 million people who took some kind of loan fell into default. This is 28% of the 20.1 million who accessed some type of financing, including even those who only used their credit card, even for minimal amounts, both in financial and non-financial institutions. Data reveal exponential growth if one takes into account that just two years ago the irregularity reached 2.4 million people. For analysts and bankers, the phenomenon exposes the d…
The financial situation of Argentine households continues to show signs of deterioration. The arrears in the loans allocated to families grew again during May and already reaches 15.9% of the portfolio, while more than 5.3 million people maintain at least one unpaid debt within the expanded financial system. The data arise from a report prepared by the consultant Analytica on the basis of information from the Central Bank of the Argentine Republ…
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