One in Eight Argentine Families Is Behind on a Loan
Argentina · ECONOMY Key Facts —The system figure Arrears across the private non-financial sector stood at 7.6% in June, on Consultora 1816’s reading of central bank debtor records — down from 7.7% in May, after nineteen months of increases. —The family figure 12.7%. That is the number that describes people, and it is more than […] The post One in Eight Argentine Families Is Behind on a Loan…
Three figures are being reported in Argentina, each measuring a different aspect of household debt. The headline figure is 7.6%, representing the delinquency rate for the private non-financial sector in June, according to Consultora 1816's processing of the central bank's Central de Deudores records. This figure has slightly decreased from 7.7% in May, marking the first decline after nineteen consecutive months of increases.
However, the more concerning number is the 12.7% for families, indicating a significant increase from 2.5% in late 2024 to nearly 13% in the current period. Another, broader count, which includes lenders outside the banking system, shows that 17.5% of credit extended to individuals is currently in arrears, affecting about 5.3 million people.
While companies have a delinquency rate of just 3.5%, these lower-income borrowers are bearing the brunt of the rising arrears.
Written by urgent.news from The Rio Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
