Families in Debt: in Half of the Provinces More than 30 per Cent of People Have Arrears to Pay Their Credits
9 Articles
9 Articles
La Rioja, San Juan and Catamarca have the most critical numbers. Credit to households fell in July and late payments with banks and non-financial institutions continued to rise.
La Pampa is among the provinces with the lowest arrears of their families: 20.4% of their debtors have arrears in the payment of personal credits or cards, below 26.6% of the national average. Only the city of Buenos Aires has a lower index, while in 12 other jurisdictions the arrears reach...
The deterioration of family credit deepened in July and accumulated 21 consecutive months of increase. 18% of the total amount owed by natural persons already presents arrears, while 26.6% of debtors have some credit in arrears. The situation is even more serious between fintechs, non-bank cards and other providers of [...]
A report by Eco Go and the Austral University showed that late payments increased by 10.3 percentage points year-on-year. Families’ total debt reached $99.4 billion.
More than a quarter of credit holders have arrears and fintechs and non-banking stations concentrate the highest levels of irregularity.
According to the "Monitor" made by Eco Go and the Austral University, the lateness of the families reached 18% of the credit last July, with the even more alarming data that comes close to the two years of initerrupid rise. In non-bank entities, such as fintech, the percentage of arrears is around 31%. Read more
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