‘Indebted to Survive’: Argentines Sink Into Unpayable Loans
4 Articles
4 Articles
The stagnation of income and the rise in service rates led 5.8 million people to fall into payment arrears in Argentina.
The default of families in Argentina reached 12.8% in May 2026 and reached its highest level in 20 years. About 5.8 million registered arrears.
The financial scenario of Argentine households shows a severe and sustained deterioration during the presidency of Javier Milei. According to official data from the Central Bank (BCRA) analyzed by the sociologist and researcher Violeta Carrera Pereyra, of the Instituto Argentina Grande, more than three million people are in the category of "unrecoverable debtors", facing delays of a year or more in the payment of their obligations. In dialogue w…
Family indebtedness: more and more households resort to credit to reach the end of the month The indebtedness of Argentine households remained at the center of the economic discussion. According to data from the Central Bank cited by different surveys, the lateness of families quadrupled since the end of 2023 and reached 17.5% [...] The entry Argentina Central Bank reveals that the lateness reaches more than 20 million people with debts in bank…
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